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Strategies & Market Trends : Ask DrBob

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To: indexit who wrote (67024)9/29/2002 12:58:46 PM
From: FLACK   of 100058
 
indexit, congratulations on post #67,000.

What do you suppose the market will be doing
when we hit post #134,000? Dow 30,000? <G>

"The real choices for me are getting long if we go down
to good support, or getting short late. No clue now
unless Flack tells me what to do."

LOL!
Hey, you've never listened to me before! <ggg>
This last week you and I were facing different directions
several times... and yet we both made some money.
So, it just goes to show again that it's all about
how we trade. That is, we're both trading intraday but
with slightly different time frames and therefore
reacting to different signals.
Obviously, at least to my way of thinking, the market has
become entirely decoupled from fundamentals, which
only leaves trading, which in turn means volatility.
That volatility calls for either long
trades based upon seasonality - like Lakeoffice has
been doing successfully with his short positions,
or hit and run intraday trading, which you seem
to have mastered.
BTW, I have no idea what Monday will bring...
let's just do what's been working and
play it as we see it unfold.
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