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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (15348)3/24/2001 8:31:41 AM
From: rgammon  Read Replies (1) | Respond to of 18929
 
Tom,

One of our major problems in attempting to determine future market direction is deciding what the trend is. We are looking at relatively short term indicators in an attempt to discern the longer term trend.

I suggest that we need several weeks of data in order to confirm whether what we are seeing is transitory, or a change in the trend. The January blip in Speculation was just that, a momentary reversal.

Robert