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Strategies & Market Trends : NetCurrents NTCS

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To: bobby is sleepless in seattle who wrote (4864)	11/22/2000 4:16:46 PM
From: Michael Watkins	Read Replies (1) of 8925

I missed the 'point' but sure you will fill me in. Short position trades have been pretty spectacular and the setups never more clear. Its just like trading from the long side in an up market - under those conditions, going long is relatively easy, no? Well, when the market is trending down, especially after a climatic parabolic rise, why go long? I don't think anything has really changed in trading, its just the overall direction of the market that has changed/ So why fight it? So we refrain from going long and look for short opportunities. or do nothing

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