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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?


To: kirby49 who wrote (4032)1/17/2002 2:05:49 AM
From: Shack  Respond to of 5144
 
I still don't understand the short term mentality although I'm trying. You guys beat yourselves up, go at one another, take pot shots from out of the blue, all day long.

I still say its better than working for a living.-g/ng

If it's a clown free zone and you're all bears, why are you always looking for the contrary play in the ups?

This is our first serious correction in this Sept rally and bears are getting real lathered Bob. Yes being a bear is contrarian enough usually but imagine if I had played short since late Sept? I'd be out of work. Besides, in the real short-term, everyone I read thinks we are heading down further from here.

FWIW, I make a couple of trades a day and spend the rest of it bantering with the inmates. I have my plan laid out early. Its not as disjointed as you make it sound although I admit it sure reads that way.

If you've read us you know that our overridding count is that we continue to grind up until for a wee while longer before the great short/poot play is upon us. However the thread has evolved(devolved?) into a short-term trading thread using TA and e-wave. What else is there to do while we wait?