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Strategies & Market Trends : Charts & Scans

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To: sandintoes who wrote (1462)3/28/2002 7:45:38 AM
From: Jeff Jordan  Read Replies (2) of 5125
 
Hi Sandintoes,

It has been a difficult market to time. And that's all it is. That's why we spend a lot of time here trying to figure out which way the NAS is going....I am of the belief it's easier to buy near support than trying to buy breakouts.

I look for 50% retracements and try to take a bite out of the middle of a swing. The market is difficult to just buy and hold these days so I just scalp. When I think the time is right I try to buy options in advance of a move.

I think we will move higher today...so I am looking hard for premarket trades. Again, I think we need to close above 1832
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