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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime
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To: Andrew who wrote (48725)3/28/2001 2:41:10 AM
From: Ward Nicholson  Read Replies (1) of 62347
 
Andrew,

I believe professional traders should trade in the direction
of the overiding trend, not against it.

I think it depends on your time frame. I've made a bundle on retracement
rallies over the past 12 months. The NAZ has been fabulous to trade on a
technical basis. If you map out your support and resistance levels, it makes
no difference which side you prefer to play...the fact is that there's been
enough volatility to profit from. Perhaps you meant professional investors?

WN
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