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To: John Madarasz who wrote (61497)12/12/2002 7:06:10 PM
From: Perspective  Read Replies (2) | Respond to of 209892
 
Not a chance. I'm waiting for the fat pitch, the one you're looking for - a corrective short covering rally into the New Year. If I don't get it, I don't swing. All it takes is one decent trade and you can exceed an entire year's return by 99% of the so-called "professionals" on Wall Street.

I see overtrading everywhere I look, and this thread is no exception. Less is more, IMHO.

BC



To: John Madarasz who wrote (61497)12/12/2002 8:33:15 PM
From: ajtj99  Respond to of 209892
 
Actually, John, all we need to do is watch the 13-EMA on the weekly SPX. If we close any week below there, the rally is over, and we're going down to do a big re-trace or test recent macro lows.

I can't post the chart right now, as it appears Stockcharts is down again.


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