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Strategies & Market Trends : Classic TA Workplace

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To: Perspective who wrote (68751)3/17/2003 1:54:12 PM
From: bcrafty  Read Replies (2) of 209892
 
bobcor, about being flat since October

Why didn't you short the December decline? Technicals and fundamentals certainly lined up then.

I certainly respect your well reasoned and educated LT opinions, but I must say that I feel you're missing half the action by not taking advantage of bear market rallies.I know for a fact that everyone else on this board feels trepidation about going long in bear markets,(especially with the February whipsaws) but being technically minded, we often feel compelled to do what the charts tell us, and if they say up then we position accordingly, even if it is for a short time.

You concerns about what would happen if you're sidelined due to an injury are well taken, but we all have that concern, and that's what stops are for.
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