Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Augustus Gloop who wrote (51382)	9/7/2000 9:14:33 AM
From: Doppler	Read Replies (1) of 63513

Sh*t happens. In other words. Things change and one has to be ready to respond. It's a dynamic marketplace and how it reacts at various junctures determines it's outcome. Like the weather forecaster who must change his prediction because a hurricane suddenly forms, so too must a market timer. It has been pointed out before that he doesn't predict magnitudes, just gives times for reversal points, and support points. He isn't calling for a crash. All he is saying now is that the extent of the selling, and break of support, with 3 or more trading days to go until his low merits caution. Wait and see how things work out before Mon/Tue. Any long positions before then should be quick day trades only. It is no different that a Piffer who buys at support because a stock is in an uptrend and then has to quickly sell because it hit his stop. Exact same thing.

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