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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Stoctrash who wrote (40133)7/6/2001 12:25:59 PM
From: James Strauss  Respond to of 50167
 
ST:

All views are welcome on the IDEA thread... : > That's what makes it one of the most popular threads on SI, and Ike one of the most respected people around here...

As for me, I'm bullish or bearish as the charts and economic environment dictates...

The 6 month Nasdaq chart shows a clear downtrend since mid May...
stockcharts.com[m,a]daclyymy[pc13!d20,2][vc60][iUa12,26,9!Lc20!Lk14!Lw25!Ll14]

Bear markets are notorious for rallies that fail at the downsloping trendline... Trading within this context is the only way to make money or keep from losing one's shirt in this environment...

Jim