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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: hotlinktuna who wrote (12949)9/26/2002 10:38:28 AM
From: Dave Gore  Read Replies (1) | Respond to of 16631
 
May be a tough (or boring) day for shorts and longs from here.

The easy money was made starting late Tuesday when the Naz held 1170. Then we got some good economic reports.

Now the odds probably slightly favor the downside with an outside chance we rally strongly over 1235 and test 1250.

Smart traders would probably do nothing (or at least be very selective) until things are more clear, imo. REWARD/RISK will come back in favor again, but it's not good enough here on the "long" side for me.