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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: nokomis who wrote (3584)	11/4/2000 11:32:19 AM
From: bobby is sleepless in seattle	Read Replies (2) \| Respond to of 8925

<interesting in discussing this and hearing your/others views,> exhausting life, agreed as I prefer position trading. I think we're bending with the times as this whipsaw market has reduced our time frame, at least it has for me,,,what a seminar we're involved with! Currently one can argue we're involved in a trading range as T has mentioned in one of her previous posts, not a trending market. The "pros" would suggest to stand aside in these times, to trade the range at best (and the market has shown to accomplish this in a couple days, it seems!), maybe feel the safety of cash at closing until a more definitive sign is given. The unibomber seems to be very active these days, huh?...otoh, the longer term investor sees opportuntiy as they continue to apply averaging principles. And OJ will open to position trades once his "go" signal is triggered as he has done so in the past...IMO..or maybe never again! I've often talked about the "force" over the past year(s)and there is tremendous merit here as you well know. But we also know to become accomplished jedi knights, this requires tremendous and rigorous training to "use it"...and this is no differnt for scalping, swinging, positioning, lifing it, whatever time frame one is comfortable with...So scalping,,,tough to answer in a paragraph as it is not for the feint of heart..for others, it is a business and treated as such...! As far as running counterband to T, can we not apply the same general principles to different time frames?..yes, no? I can see your point, yet this may be a good balance as there seems to be a demand for instruction in smaller time frames as grueling as it may be. definitely sleeping a heck of a lot more in seattle these days...