Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: westpacific who wrote (10045)	9/22/2001 2:46:33 PM
From: Cogito Ergo Sum	Read Replies (1) of 74559

Hi west, This is now Phase 2 of the bear market, in phase 2 it is very difficult to make money. Markets swings are erratic and unpredictable, ride tight stops, except smaller gains and lock profits at every turn. This is a market to not get behind on your trade, it will be very easy to see your account move backward instread of forward - even for the best of traders. I was just reading the exact same sentiment in the paper.(sorry Jay I read the paper anyway, despite you excellent post :o) I agree. I've been on the prowl for a while for steady income producing vehicles. I'm very leery of playing for growth now. regards Kastel a cute an cuddly Canadian

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