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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: bobby is sleepless in seattle who wrote (25024)7/13/2003 2:16:09 PM
From: lee kramer  Respond to of 26752
 
Well put Robert. There's nothing I can add that will shed any illumination; just gotta grind it out as best we can.



To: bobby is sleepless in seattle who wrote (25024)7/14/2003 10:34:48 AM
From: Doug Robinson  Respond to of 26752
 
"the million dollar questions, isn't it"

The decisions tough when you don't get in the early part of the move. Many will make it tougher, however, by trying to guess what's next. "The trend is your friend" is so old a cliche it's probably not worth repeating.

What's the trend? Once you determine that, you can determine which stocks are stronger and which are weaker then the market.

Forget the opinions of the economists, the guru's, the message posters and go with your own. If you think the current uptrend is only a bull rally in a bear market, then short the market when the big boys start selling. Lot's of folks have been shorting lately but the big boys haven't started selling, so are they early or wrong?

If you think the trends up, wait for a re-action, judge it's action and then make a determination as to whether you wish to enter.

If you don't know, stay out until you do.

Regardless, do it on the basis of your own opinion. You'll know a lot sooner if you are wrong and can remedy the situation instead of waiting for someone to tell you what's happening.