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Strategies & Market Trends : TAOTN- TA on the Net

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To: Richard Estes who wrote (1572)	12/28/1997 8:57:00 PM
From: Jack Landis	Read Replies (1) of 1628

Richard...Is there a time in the last several years with conditions similar to now. Could we learn to adjust our approaches by examining that period? I believe that many TAOTN people and approaches have not seen a market like this and are not prepared to deal with it. And what if we face a real BEAR market in the future. Do we have the tools to deal with it? It's almost running a company that has never faced bad times and is not prepared to deal with a new situation because mistakes are not punished because the favorable conditions take care of problems. No tree grows to the sky. And I learned a long time ago about the concept of regression to the mean....At the top curves move down and at the bottom they move up. (maybe thats why I keep trying to bottom fish!) Jack

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