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


To: GROUND ZERO™ who wrote (32700)10/29/1998 2:38:00 PM
From: donald sew  Read Replies (2) | Respond to of 94695
 
GZ,

Good job. I just looked at the market internals and yes they have improved but still not a strong improvement, in light of the DOW being up almost 100 points.

To me it doesnt matter, since Im not a BULL or a BEAR, but that such is confirmation of a trading range which mean I can trade both sides.

Trading range doesnt mean that it cant go up - a trading range can shift upwards or downwards.

My rule is that I dont short in a uptrend or go long in a downtrend, but in range trading trend I can go both ways and gives me the most potential for profit.

For the BULLs and the BEARs - it does not matter who is right - what matters is if you are making money.

seeya