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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Robert Graham who wrote (27094)1/6/2002 5:19:44 PM
From: isopatch  Respond to of 52237
 
Robert. <wondering if a trader's preoccupation

with the longer term labels of "bull" or "bear" market is counterproductive, if not actually harmful to his profits in the market?>

Very perceptive reflections on the question in the rest your post.

One of the way that I dodge the bullet, to some extent, is to focus on a few sectors and the best individual stocks I can find in them vs trying to time the broad market. The sector a trader is working in as well as his major positions can bottom before or well after the broad market indices. So although it's important to keep an eye on the broad market indices it's not where I focus the lion share of my due dilligence and analysis.

Isopatch



To: Robert Graham who wrote (27094)1/6/2002 8:54:05 PM
From: Paul Shread  Respond to of 52237
 
Excellent posts, Bob.

Don's mother passed away. Hopefully he will rejoin us soon.

Good to see you back here.



To: Robert Graham who wrote (27094)1/6/2002 9:28:55 PM
From: Lee Lichterman III  Read Replies (2) | Respond to of 52237
 
>>I am wondering if a trader's preoccupation with the longer term labels of "bull" or "bear" market is counterproductive<<

Wouldn't knowing if you are in a bear or bull market aid in deciding how long to hold a position or what option strikes to buy? In other words, why not have an idea if you are aiming for a blue sky break out or just a fib retrace of the previous decline?

Good Luck,

Lee