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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (15442)12/10/1997 6:20:00 PM
From: Tom Trader  Read Replies (2) | Respond to of 50167
 
>>Whatever happened to not taking positions until the trend is up again and the market is stable? Or does that not apply to investments?<<

One does not take any positions in an unstable market -- trading or investment--and IMO the market is not unstable, though some sectors are. When trading I always try and trade with the trend -- when investing one can take a position against the trend as long as the market/sector is stable--and it does not have to happen all in one go.