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Strategies & Market Trends : StockCharts.com

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To: bob wallace who wrote (563)4/23/2003 10:24:33 AM
From: Cush  Read Replies (2) of 836
 
Bob, here's one final thought I have.

These markets have been incredibly difficult to trade.

Because I've been doing this for a living, for about five years, I decided to stay in the markets this year.

My wife and I talked, and I said the wise thing to do would be to just go into cash, but that's not an option for me. I need a certain income from my investments.

Bottom line - this has been frustrating.

The charts tell me that most of the market is unpredictable, and that's not what I want to hear.

I think the charts are reliable.
I think the market has been unpredictable,
too many signal reversals.

Because of this, I haven't been charting as much.

No point, right now.

But these markets will eventually start to make sense again. More investors will come back.

For now, I work on my TA skills.

I'll be ready for the next tradable period.

I'm waiting.

Cush
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