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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (53197)9/18/1998 10:41:00 AM
From: Linda Kaplan  Read Replies (1) | Respond to of 58727
 
Lisa, I didn't say that but I remember reading it. Linda



To: ViperChick Secret Agent 006.9 who wrote (53197)9/18/1998 11:09:00 AM
From: donald sew  Read Replies (2) | Respond to of 58727
 
Lisa,

>>>>>>>> can you tell me again why you think we are not in a trading range? <<<<<<<<<<<<<<<<

??????????????????

Technically, we are in a trading range as per my recent index update.
Personally and subjectively, I still do have a negative outlook towards the market, but on the technical and analytical side it the arguement is still in favor of a trading range.

On many occassions my subjective beliefs are opposite to what my technicals indicate. I realise that is very hard for many to understand how to differentiate between the two. Actually it is relative easy when one has a system that says above 95 - SELL, and below 5 - BUY. An example is that if I subjectively feel the market is going higher, but my technicals has a reading of 85, which is high I will not enter a trade to the upside. This past TUE/WED I subjectively felt and feared a strong movement up as many did.

A precise technical/mechanical system helps eliminate the subjective and emotions from making a decision. Many may argue that the subjective is required, to which I can only use the success rate of my system to argue that point.

Seeya BM