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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (14213)9/26/2001 8:48:37 AM
From: Paul A  Read Replies (1) | Respond to of 19633
 
personally- I liked my odds 3 or so months ago when everyone was calling it a bottom.. Now it seems more of a gamble betting either way.. each morning I wake up the first thing I do is put on CNN to see whats 'new' and IM sure the rest of the investing community is doing the same.. Nothing is closer to gambling then playing this market right now..

Not that I have ever been a big fan of TA, but aside from resistance points I dont really think anyone can read a single thing from the tea leafs this time around..

I may buy some DROOY this morning.. Not that I believe in gold, but most of what I do going forward here is going to be outside of the norm..



To: RockyBalboa who wrote (14213)9/26/2001 9:00:59 AM
From: Tom Hua  Read Replies (1) | Respond to of 19633
 
Chr., for myself I'm keeping a balanced portfolio between long and short. Betting in 1 direction at this time is too risky. The market has equal chances to go up 10% or down 10%. TA has little meaning at this juncture.

Regards,

Tom