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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Jon Tara who wrote (8571)	5/27/2000 12:25:00 PM
From: Threei	Read Replies (1) \| Respond to of 18137

Well, even in this grim scenario there still is money to be made, I believe. For instance, scalping techniques for sure can be adjusted to any market. Even such a hard beaten stock as PGNX in such a dull day as Friday did provide several scalp opportunities on long side from 3/8 to over a point, and there were many others (of course not that many as we enjoyed while bull lasted). Shorting, as you said is OK for those who are comfortable with it or willing to switch their mentality... So, I would sum it up following way: 1)learn to short 2)limit expectations on long plays 3)take vacation if neither 1 or 2 works for you :) On more serious note, if I was to go vacationing now I would still make sure I am back at the end of August. Vadym

To: Jon Tara who wrote (8571)	5/27/2000 12:32:00 PM
From: Brandon	Read Replies (1) \| Respond to of 18137

I learned how to trade in the ag markets of 96 to 98 which was a real bear. I see so many talking about "value" in stocks right now, and frankly its BS. Nothing has ever cost me such a large percentage of my capital as thinking that the price of Hogs and Corn can not go below the price of production for the average producer. "value". In a bear market there is no such thing as value. It will not end until A) a major fundamental event occurs to end it and B) until its ready to end. For the time being the trend is down and you should probably smile every time there is a rally, and go short. Brandon

To: Jon Tara who wrote (8571)	5/27/2000 12:52:00 PM
From: Eric P	Read Replies (4) \| Respond to of 18137

Nobody gets it - IT'S OVER. I'd guess that less than 5% of investors right now think that IT'S OVER. Man, you guys are depressing me... <g> Tell me this, how do you expect a protracted bear market to affect the profitability of short term trading? Personally, I believe that a good trader will always be able to make money. However, an extended bear market which alienates the masses will cause volatility to dry up and reduce the opportunities for fast profits. The best trading I have seen was in early 1999. Lots of volatility, lots of momentum, and the market could only go up... Jump on a fast horse and ride it for a while... Jump off and get on another accelerating horse... A protracted bear market will bankrupt most of the 'trading is easy' gambler traders. These are the same folks that are the easiest source of profits for the experienced trader. Unfortunately, I believe this has already happened to a great extend. Silicon Investor is a good example. I've noticed the posting activity on SI has dried up quite a bit in the last two months. Likely due to folks becoming depressed with their losses and not wanting to post anything on SI. Hard to get excited about hyping your favorite pick when most everything is going down... Maybe it's time to open a companion thread Shorting Fundamentals. What do you think? Might be a good time for it. -Eric

To: Jon Tara who wrote (8571)	5/27/2000 1:29:00 PM
From: TFF	Respond to of 18137

>>Clearly, there is no bottom in sight On what do you base this observation? >>>The bottom won't be hit until 80% or more believe that IT'S OVER and throw in the towell. Can this be measured? And if so where did you get 80% from? has this been back tested?