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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: lifeisgood who wrote (33508)8/24/2001 5:26:22 PM
From: Frederick Langford  Read Replies (2) | Respond to of 37746
 
Today's "rally" came from buy-the-dippers who haven't learned their lesson (yet)

Buying the dips was extremely profitable this week.
It's about timing and allocation, just like with shorting.
Very few buy and holders out there, imo.
Labor Day week ahead. There just might be some holidility around the bend...

Fred



To: lifeisgood who wrote (33508)8/24/2001 7:22:20 PM
From: besttrader  Respond to of 37746
 
This part was interesting and I agree with it -->

OVERALL COMMENT: I have been saying the last two weeks of August are the hardest trading weeks of the year. I want to add, that the LAST week of August is the hardest of the two. Most commodity market are closed FRIDAY AND MONDAY for the Labor Day holiday. Check with the exchanges for the exact schedule. My advice is DON'T TRADE AGAIN TILL SEPTEMBER!


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