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Strategies & Market Trends : Ask DrBob
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To: Drbob512 who wrote (1376)8/24/2000 2:48:17 AM
From: mingfatsai  Read Replies (1) of 100058
 
Dr bob, I like your TA tonight. You've finally fallen into my camp! It's a creepy market (upward creep that is!). On all the message boards I peruse, everyone is trying to fade the market. The market on the otherhand frustrates all because so many have come to expect high volatility. But the past two years of media-driven market-mania has made everyone a market expert, so now, too many people are trying to fade each market move. We have forgotten that the market can slowly creep upward, an environment conducive to buying solid, strong stocks and giving them some slack. Perhaps a time to fade those who are fading <g>.
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