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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: bcrafty who wrote (180)	2/26/2003 6:05:47 PM
From: At_The_Ask	Read Replies (1) \| Respond to of 41499

Indeed. If you look at the daily ndx chart I posted it shows that were stuck between two big resistance lines. People with sense probably don't trade during stuff like that.

To: bcrafty who wrote (180)	2/26/2003 7:46:20 PM
From: skinowski	Read Replies (2) \| Respond to of 41499

It's hard to come away from the past few weeks trading without any bruises unless one has remained flat. I actually didn’t do badly recently, but it’s not a way to make a living – high volatility, high risk, little pay. When the sentiment is neutral, we do not have the full benefit of playing on the mood of the crowd. Truly, it would not be stupid to trade only when the sentiment is near an extreme – and is ready to confirm the waves and other data. Indeed, a smart way to approach the current situation might be to stay flat until an extreme is reached one way or the other, and wait for a good entry. (I must be even more of a contrarian than I realize… Here I am, discussing longer-term intermediate considerations on the wiggle thread... g/ng)