SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?


To: KevinMark who wrote (4850)11/22/2000 2:54:24 PM
From: Michael Watkins  Respond to of 8925
 
Except for scalping, now is not the time for short or long. a) low volume pre-holiday days are notorious. Some very nimble folks will make out ok, but many will just be whipsawed back and forth. Today's intraday pattern looks very familiar to me. Theres a reason why most pros go home early I think!

b) At least within the last 15 minutes, the range is compressing and volume dropping off. With less liquidity today, anyone with some size could spark something.

Probably positioning on the opposite side of any initial move here would be a safer bet...

Personally, I chose to take the rest of the day off! Certainly on Monday there will be some movement, some speed.