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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (43671)	6/27/2002 4:02:47 PM
From: The Freep	Read Replies (1) \| Respond to of 209892

The impetus was that gap downs get bought. Follow that maxim, even during this down trend, and you've come out ahead (if you sell). We both know the bottom will come (if it does) when buying the gap down makes you lose money, even if only for a few days. Also, I know you've been saying "it's too easy for the bears" but that's only true for day traders. The wild swings are NOT easy to deal with, at least they weren't for me, and I only had a few puts on the line. The market has been just as easy for the bulls "buy the gap down after a few days of down, reap 10% rewards." It's holding up again now. <g> middle road looks good. the freep