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Strategies & Market Trends : P&S and STO Death Blow's

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To: Alan Bell who wrote (3975)7/24/2002 11:17:13 AM
From: Jeff  Read Replies (2) of 30712
 
It looks like the market will probably follow your model. But what would you be looking for to indicate that it might not be following and just continuing down? Do you have some mental (or real) stops in mind?

i have no problem with extended downside because i'm still shorting ramps.....

the retrace as i showed yesterday will be ramp and dump down here.....not worried about missing a bottom yet so i'm still not holding any longs overnight.....i might daytrade some longs but thats it.....

if my turn date turns out to be an up....only then might i hold some longs....

until then.....its same old plan....short ramps or daytrade longs....

basically just daytrading everything down here.....its the only safe way to play....

i'm not missing anything.....and i can sleep at night...<gg>
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