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

To: Joseph Silent who wrote (76694)	6/26/2003 8:16:01 PM
From: Perspective	Respond to of 209892

<I would be surprised if anyone on this board has a longer-term horizon than a few days, if not weeks, in this day and age.> I trade with a one-year time horizon. I've made that point repeatedly, and despite the fact that it doesn't fit what others here are doing, people have asked me to stay anyway. I doubt that shorter timeframe trading leads to much higher returns over the long haul, but it sure sucks up a hell of a lot more time. <This is saying "we can't seem to find energy to take us higher but we may go up for several months anyway".> No, it says we might not go down for several months, but we could hang around here for a long time before substantial selling pressure develops. <You do realize that the consensus on this board is that we are going down. We are the motivated sellers. :) > We are a teeny little cluster of people on the port side of the boat. Everybody else is on the opposite side, practically submerging the starboard... BC