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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (40156)2/13/2000 12:18:00 PM
From: Jerry Olson  Respond to of 99985
 
Well BB...hey i can predict anything with the best of them<G>...

but i do NOT trade that way...i don't need a leg up on anyone, by guessing where this or that will be...1-2 days from now or 1-2 motnhs from now..

i just trade the charts..really like you do, but from a P&F only perspective...i do not use wave counts, or other TA...

and it's not that they aren't valid...just not for me...

i have to try to stay calm while investing/trading..and P&F does just that for me...

so while i am not shut up in a cave, i try to ignore all the noise and bulls***T everywhere, and trade whats in front of me...

P&F tells me about longer term, intermediate and short term trading trends just like your charts do for you...

but i will not predict anything..i want to be the cabooose on the train, and follow it along the right path..

yeah we can bet and joke, and say what ever..but when it comes to hard earned money....it's never a guess, and always a sound trade based on my read of P&F...PERIOD...