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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: nokomis who wrote (1035)1/3/2001 4:51:40 PM
From: bobby is sleepless in seattle  Read Replies (1) | Respond to of 5732
 
nok...i want to believe that the market has some integrity, even to the point where the market could take care of itself without government intervnetion, tho we probably will never know.

that the big boys are not privy to fed information, maybe just blind luck and that regulation fd will carry its weight, although the trading community has yet to adjust.

Good old fashion simple thinking might be the best course of action. If the market seems oversold, buy. If the market seems overbought, sell....How simple! And if applied, the percentages probably favors those consistent with this buying behavior, same for shorts...

I did sell NT the other day, but bought back in the IRA just under 30 where it still remains, tho I really, really wanted to sell!