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To: Chip McVickar who wrote (4741)1/6/2005 9:32:57 AM
From: Doo  Respond to of 12411
 
Throngs, not thongs. LOL!

I have a bunch of things on my charts that I think are areas that many folks watch, traditionally. And, just like fed announcements or any econ. number announcement of any kind, I have them in mind so that they don't frig up my trades based on my own stuff where it might be telling me to act. 50dSMA would be a good example of simply standing aside or considering it an additional basis for a position or stop location, if my own things line up or don't line up, if that makes sense.

Just like most other things, it often pays to know what your adversaries are likely doing or thinking.