LindyBill's Ballroom Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : LindyBill's Ballroom

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mathemagician who wrote (39)	9/30/2001 6:18:46 PM
From: LindyBill	Read Replies (1) of 248

I am trading the intermediate trend, trying to catch an intermediate correction that may last from a few days to a couple weeks. Sound about right? I just think that it is safer to short this market, both short and intermediate, than to go long. We have a Bear market with no end of it in sight. The odds are much better that the stock will come back to you than go up to you, IMO. Our biggest difference is how close to put a stop order in at. I have nothing written in stone on this, but I really feel that a major up spike is a very low odds bet. I don't want to "spiked" out on a dollar move. I will keep a stop in about 2 bucks up until I am in profit, then closer.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next