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Strategies & Market Trends : NetCurrents NTCS

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To: Teresa Lo who wrote (4409)11/12/2000 10:58:17 PM
From: Jill  Read Replies (2) of 8925
 
Thanx. $1,400/mo on $5,000 capital with tight stops seems great. Have really enjoyed reading your "required reading" for the class. Particularly fascinating was where different moving averages lined up, so that traders in different time frames would be lining up as sellers or buyers (depending on the chart). These were 5, 15 and 65 m charts as I recall. But you are saying it applies to longer time frames?

When I was reading the piece on the NAZ parabolic highs etc...I was wondering if it when it seemed to break down in January, were you expecting it to fully break down? Just curious if you ever do have biases, even if you don't trade based on them. I know of a few traders who got out of the market then, went to all cash. But it didn't really break down until late March.

Thanx again--hope I can finish up the reading tomorrow.
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