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Strategies & Market Trends : Classic TA Workplace

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To: Jerry Olson who wrote (78483)	8/6/2003 8:26:21 AM
From: The Freep	Read Replies (1) of 209892

Jerry -- this is not meant to pick on you at all, but this is a genuine question, as you've played these last months better than just about anyone else, and I wish to learn :-) Yesterday you'd said you were out of all longs. Today you said <<any breakdown below 960 i will then exit all long term longs.>> I had mistakently thought you simply traded the trend... not divided into long term and short term. What defines a longer term position? Are those simply things you hadn't gotten stopped out of? If something happens that you're out of all trading longs... why wouldn't you be out of non traders, too? Or is this simply the difference between tech holdings and non-tech? Thanks! the freep, not surprised the S+P futures have regained 962

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