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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (19347)	6/29/2001 11:05:57 AM
From: ajtj99	Read Replies (1) \| Respond to of 30051

Zeev, I just believe that if you are a trader, waiting for a "buy" signal and ignoring the short term market direction leaves a bunch of money on the table. Whipsawing is a possibility (I think I had a date with that machine yesterday) but you can also change direction quickly and adapt. The trend is your friend, and I can't see how this market will go down in the next week with the holiday approaching and retail buyers falling over themselves to get into the casino.