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

To: TREND1 who wrote (19526)	7/1/2001 11:12:41 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

Larry, I said before, I do not know of any single indicator that works well all the time, as a matter of fact, I do not know of any group of indicators that does that either. You make calls, and such calls always have a risk of being the wrong call, if it is wrong, you'd better recognize this as fast as possible and change stance accordingly. If one cannot accept an occasional whipsaw, one has no business being trading that market, we are not in a trending market and it will take quite sometime, IMTO, before we once more go into a lengthy period like the 1982 to early 2000 which was a lengthy secular bull, trending higher and higher. Zeev