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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Monty Lenard who wrote (23710)8/9/1998 5:03:00 PM
From: William H Huebl  Respond to of 94695
 
Monty,

I never try to second-guess things... although I will use second-guessing in the thought processes in reviewing market situations. But to try to do that with the press is a little beyond the pale. Give me TA every time!

Bill

PS I have seen stocks and indices many times bounce on and then break through the 200 day ma then turn around and move up. That is why many traders use a trading band around the 200 - say 1 - 3% to avoid false signals.