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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: High Country Trader who wrote (14954)	11/2/2002 6:27:00 PM
From: Steve Lee	Respond to of 19219

So basically you could buy at random with a close stop and trail the stop upwards on the trades that remain open. The number of trades you have open after x time period tells u in hindsight, with profits booked, whether that time period was an uptrend or not. If it turns out to be an uptrend, buy the crap that's late to the party but don't hold it too long. And whatever is going on around outside the above parameters is irrelevant and a waste of time. Am I in tune?