Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Death Sphincter who wrote (37933)	3/4/1999 2:10:00 AM
From: Berney	Read Replies (1) of 94695

Hey Death Dude -- Nice Trading!! Too many times in the past, I got suckered by these trading ranges. I've come to appreciate that the market is in a trading range about a third of the time. If you identify them, you can really make some bucks in the swings. I've come to believe that they generally occur when the numbers get too far away from their weekly MA and trend lines. However, until the market breaks the weekly MA and trend lines, I certainly cannot view it as negative. Trading ranges can last as long as five months or so. Hope you make lots of bucks. Berney

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