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To: Triffin who wrote (13067)4/14/2000 4:37:00 AM
From: stockman_scott  Respond to of 35685
 
<<Gauging the markets is a lot
like watching the tides and waves at the beach. When you
first get there you can observe wether the tide is high or
low or in between; to get the direction you have to
watch the waves as they run up the beach. After a little
while you will notice if the wave wash is migrating further
up the beach or wether they don't seem to run up quite as
far. Each of us has to decide if the tide is high or
low, which way it is presently going, and adjust our trading strategies accordingly.>>

An excellent metaphor.....Thanks for sharing.

Regards,

Scott