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Strategies & Market Trends : NetCurrents NTCS

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To: Michael Watkins who wrote (5627)	2/11/2001 8:59:26 PM
From: macavity	Read Replies (1) of 8925

Dominant trend. My 'current' rules are that I can only buy o/sold and sell o/bought stocks which have moved against their dominant trends. It keeps me out of trouble. The exception is I can trade QQQ against a trend, but no stock. The problem now is defining a trend in tech. The 21D - 55D MAs are all relatively flat, so as there is no dominant direction I will allow myself to 'swing both ways' for now. StoMaster - God only knows as an equity guy I only really read the weekly stuff, as I said he lives in a world of his own. - macavity

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