Position Trading in Canada Message Board

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Gold/Mining/Energy : Position Trading in Canada

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To: keith massey who wrote (815)	3/10/1999 1:22:00 AM
From: Ward Nicholson	Read Replies (1) of 2259

Advance/Decline line: I thought a fellow TA trader would find this interesting. Oh man...if you only knew how petrified I've been. I've taken to day-trading since about the beginning of February because of this one single reason. I refuse to position trade on the long side given this A/D line. That being said I have completed re-focused on finding good short opportunities. Here another chart I follow (same concept)... decisionpoint.com Just from a "feel" perspective I've found this market extremely weird...it's like there's no flow to the market anymore. It flits back and forth and jerks around. Maybe it's just me. I took a week off because I thought I was tired, but I'm getting the same feeling again. Whatever the case, being 100% cash by the end of the day (except for some short positions) can't hurt. HTR...I sure love this stock, but I don't see it running really hard just yet. I think we'll be able to pick it up around $11.25 again. Thanx for the comment. WN

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