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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (1570)11/29/1999 9:54:00 PM
From: Richard Ruscio  Read Replies (2) | Respond to of 19219
 
J.T.,

Just one of the many lurkers. Thanks for your stuff.

Your comment "When in doubt, get out" is #6 on the list of 24 such rules. Of interest:

#5 Don't buck the trend.
#7 Trade only in active stocks.

I'm kind of baffled, too. But, tech's are going up. And, my stops are getting tighter.

Good trading. Thanks again.

rr



To: J.T. who wrote (1570)11/29/1999 11:27:00 PM
From: fut_trade  Read Replies (1) | Respond to of 19219
 
...When in doubt, get out.

Yes, that's good advice. I don't need to predict the short term with certainty. I'll just wait for a bounce off support or resistance and play it from there. BTW, why do you trade the S&P 500 URSA fund instead of SPY (which would allow you to trade anytime during the day)?