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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: TAPDOG who wrote (4355)6/24/1999 1:06:00 PM
From: Dr. Stoxx  Respond to of 39683
 
Dog,

Normally I only enter a trade when, after 15-20 mins. of trading, it is clearly moving in the right direction. DELL was not this a.m., and reason for that, apparently, was the upgrade.

Most of the time I ignore fundamentals. Half of the time I don't even know what the companies I trade do to make money! But right now, due to a Time Warner special rate for cable, I have become a CNBC junkie! So I get an earful each morning of the Brain and the Kahuna...

But in short, BTTT is purely a technical system.

Hope that helps, TC.