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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?


To: FARRIS who wrote (152)1/8/1998 12:30:00 AM
From: Dave Triplett  Read Replies (1) | Respond to of 1720
 
As far as I understand it they are talking about the next Major Correction and its relationship to the 300MA on 10 year treasures. Every time the 300 has a major crossover of 10 year treasures it was a prelude to a large correction. I have been switching to a more conservetive posture by writing CC's on some of the strongest stocks and takeing less risk.
The last "Money Show" I attended was in Seattle last fall and heard from many experts. Some say a dow of 10 to 12,000. Others are sure we may see a correction down under 1000. Who knows. What are some of the defensive modes of trading besides becoming a day trader?.