The Thread Formerly Known as No Rest For The Wicked Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mao II who wrote (3145)	12/16/1998 11:06:00 AM
From: Don Pueblo	Read Replies (2) of 90042

Watch what the market does between now and 2:00 p.m. Between 2 and 3, we should get a direction for the afternoon. Remember that there are plenty of sellers out there that want to take the best price they can get before the end of the year. At the point at which they think they "just missed" the best price, they will sell, i.e. any down move will be accelerated, IMHO. If I were looking to go long on something I liked, I'd be waiting, not buying, so caution is advised on buying anything on a breakout. If you trade in anticipation of a trend change, you should have your exit ready in case it goes the wrong way. On day trades, I very seldom enter a position between 11 and 2.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next