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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (62994)1/7/2003 11:19:53 PM
From: jjstingray  Read Replies (1) of 209892
 
JRI, I agree 100%, but the problem is you have to adjust to what is happening. The market is strong, there is no doubt about it. Whether or not it is justified is irrelevant. We are all trading to make money. If the market is going up, I am not going to try to fight it. I did that in November the past two years and I never learn.

I am not saying I am going to play it long, actually, I cannot justify buying calls here on anything. Frankly, I will watch and hope it goes to 1750 and then I will short the crap out of it. I think we have a long way down, but just not yet.
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