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Strategies & Market Trends : Classic TA Workplace

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To: Perspective who wrote (60191)11/22/2002 6:32:10 PM
From: AllansAlias  Read Replies (6) of 209892
 
Well, we busted through 1420. This thread has not traded this move well at all. This thread did not trade the move out of Sep/01 well either. Hey, I didn't nail this last half of the up move either, so please do not think I am throwing stones. Still, this thread is too bearish (-g/ng), particularly with all the noise about fundamentals. Fundamentals only matter at the beginnings and ends of trends. In between, during the bear markets, they are an expensive distraction.

Actually, MM has traded it pretty well, a couple of minor whipsaws not withstanding. Looked like nice trading to me.
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