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Strategies & Market Trends : Intraday Updates, Analysis & Strategies for Daytraders -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (249)3/14/2001 1:23:49 PM
From: WaveSeeker  Read Replies (1) | Respond to of 589
 
Although the gaps this morning were magnificent, we have yet to see the mother-of-all-gaps. Also note the demise of the swing trader... macro bets combined with gap plays and intraday opps have worked beautifully, but the 2-3 day swings have provided opportunities to get in at exactly the wrong point (e.g., yesterday) only to be zapped by overnight market risk. Further, I recommend a second browser window pointing to federalreserve.gov.

WS



To: Jenna who wrote (249)3/14/2001 2:04:02 PM
From: John NY  Respond to of 589
 
Makes sense, we are short term and that means technical dominates the action.


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