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Technology Stocks : WDC/Sandisk Corporation
WDC 236.39-2.8%Jan 23 9:30 AM EST
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To: TREND1 who wrote (20531)7/8/2001 12:41:03 PM
From: mishedlo  Read Replies (1) of 60323
 
Larry can you explain your move to daily as opposed to longer channels?

Have you come to the conclusion that there will not be longer term trends to play? Can there now be daily whipsaws?

Again trying to understand, not make issues.
Do you look at other factors or just the lines?
One reason I was confident of bucking the turnips in print was the VXN VIX signals as well as divergences on the DOW. I came to the conclusion that the only thing delaying the carnage was Window dressing (and had I listened to myself in the firts place (sigh) I would have had better entries on my QQQ puts. I do not want to miss the next big move up, but playing for 50-100 points with VIX that low did not seem to be a good idea.

M
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