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Strategies & Market Trends : TAOTN- TA on the Net

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To: Jack Landis who wrote (1573)12/28/1997 9:16:00 PM
From: Richard Estes  Read Replies (1) of 1628
 
Maybe Feb 94 to nov 94, so smaller data bases can pick it up. Money can be made but a ranging market is the toughest kind. You want a trend up or down. I think a number of TAers have gone to cash, I have come out to 25-30% level with short term in mind. As always I stay bullish, but if this thing turns, then the short side might be next. Weak stocks are best, those trending down, can't find support. Look at AMES, do you see the possibilites of trading it just on long side for 1-1.5 moves?

1. determine trend
2. stay with it even if it is 3 days long.
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