VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (56366)	12/8/2002 10:21:24 AM
From: RR	Read Replies (1) of 65232

Morning Troops! Everyone doing their homework this weekend? Getting that plan down for this week to make some money? This ole market may have some steam left. The ole bears and bulls are really tugging at each other right now but I think there is some steam left in the market over the next 4 weeks. Maybe 9000 on the big board and SPX 1000. Remember options expire next week, so I'd expect some volatility this week to line up for options week. Question, are you a trader? If so, what is your time frame, your style? I mean, do you day trade, or swing trade over a few days, etc.? It seems so easy to get wrapped up looking at data and the charts in a time frame that does not match the trading strategy. Like I've said before, I hear of people making decisions based on watching a 5 or 10 min chart when that doesn't even fit their time frame. Sometimes it's good to set that thing on 60 mins or a daily and walk away. Patience. Set your plan. Determine strategy. Have the discipline to execute it. Stay on target. Have patience, but be aggressive. So what's your plan? You got one? RR

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