Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (9270)	8/3/2001 6:21:39 PM
From: Silver_Bullet	Read Replies (1) of 13094

A friend of mine has been laid off now to leave the 1st of October. (How ever that works?) So, in essence he's fired but had 3 months to work, actually 2 now. Two things, first he and the 50 others in his office aren't very productive, I think he said that they have already run though all the computer games and are getting bored with them. Second, this has a delayed effect on the unemployment numbers. Even though the unemployment percentage didn't go up much this time there is still the upward pressure. I typically am bearish when everyone else is and bullish when everyone else is. Sometimes I get caught buying a top or shorting a bottom. Thank God for mechanical stop losses. I heard someone recently state that a trader needs a mentor. What do you think? FT

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