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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Brasco One who wrote (35043)9/15/2000 10:25:09 AM
From: moufassa7  Respond to of 57584
 
Brasco, NAZ not to healthy, I'm not ready to call off a rally just yet. I'm still hopeful.



To: Brasco One who wrote (35043)9/15/2000 10:26:22 AM
From: JLS  Read Replies (1) | Respond to of 57584
 
Donny, I'm trying to stay focused on the big picture, and as long as we are trending up, and not violating the trend, I'll stay convicted. I think we're going to be in this trading range from 3800-4200, roughly, through September with plenty of FUD along the way until we break out probably in early October. I am using this chart every day mindful of the support trendlines,
Message 14387500
and am starting to play longer swing-type positions, letting the charts tell me when to buy and sell (something Mark demonstrated over the summer with fantastic success) and leaving a little bit of wiggle room on either side...allowing for the fact the MM's are pushing the TA. I'm finding that I get whipsawed a lot less and am there for the significant moves. Here's a friend of mine with the same approach who says it a lot better than I can:
Message 14387500
Plus, we have options expiry today so we will probably be whipsawed all over. JMO, Julie