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Strategies & Market Trends : The Thread

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To: 2MAR$ who wrote (37037)	3/13/2001 12:00:57 AM
From: Ian McGuire	Read Replies (1) of 49816

"that makes me want to short this market on any rise.." couldn't agree more marsh....in an uptrending market we buy every dip till proven wrong once...in a downtrending market market we sell every rally till proven wrong once...not rocket science but highly effective if you have the discipline to hang in there...there's even more gravy if the trader is skilled and nimble such as yourself and able to play the reversal within the trend.....wouldn't be surprised if we get a chance soon, if not tomorrow, to put this into practice....the accelerated selling into the close smells of capitulation and may give rise to a covering bounce; retesting todays low in the coming days or weeks may be so ugly it may hurt our feelings..lol.....i

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