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Strategies & Market Trends : Moufassa's Lair

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To: moufassa7 who wrote (4489)2/6/2002 9:20:14 AM
From: Mark Konrad  Read Replies (1) of 13660
 
The whipsaw market has primarily been for daytraders, imo. Position traders should have been exiting longs late last week and early this week. The question now is whether this morning rally is the start of something playable for position traders or is just a shorting opportunity for daytraders. I don't know yet but will probably start adding a few more longs...nothing crazy, yet. All imo--MK--
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