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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (7041)7/28/2000 10:40:51 PM
From: AllansAlias  Read Replies (1) of 436258
 
heinz,

I like wide timeframes, not as much as you, but I follow them. Although not germane to the point you are making, I think we underestimate the money that is made in this market by daytraders with a few years experience. Some of them are nimble and have adapted pretty well, albeit slowly in Apr/May.

Everyday I follow their posts. Hundreds of them. I find it gives me a feel that you can not condense to an indicator. It gives me an idea of their sentiment.

This is not news I know, but I often think how these people, like me, have never known a bear market, yet, I am impressed that the ones I follow are learning. They have made excellent long trades in the up moves and are making many more short trades than they ever did.

Cheers --Allan
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