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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Cynic 2005 who wrote (44635)11/19/1999 11:02:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Hi Mohan,

I very much appreciate your kind comments... the simple and candid truth is that I generally struggle to offer any fundamental reasons for my trading positions... I take my positions in the market based completely on technical indicators that I've developed over the years... this enables me to trade without the risk of committing an error in judgement... so my fundamental comments are more an attempt to justify my positions, not the tool I used to initiate the trade... you've offered me two choices, but both are probably correct to some degree.. I really don't know how much, if any, of a bubble there really is... that's a judgement call and I avoid that... also, the second choice requires that I take a political-economic stance for my trade.. this too is irrelevant to my market positions.... this may be the very reason that many traders have difficulty with their trading, that they introduce fundamental variables into their trading methods and invite the risk of making an error in judgement.....

My Best Regards...

GZ