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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Thomas Sterner who wrote (6450)	1/15/1999 7:34:00 AM
From: LastShadow	Respond to of 43080

A cautionary explanation: I have received some email/pm's about some recent posts and I would like to clarify something. I am exiting mutuals because my indicators tell me to, and because I have some uncertainty about the market. My indicators are all trailing, however. They are not predictive of a corretion, they just say if certain conditions occur, its prudent to pull out. Historically they have worked well, but as we all know that is no guarantee of future correctness. The Consumer Price Index came out and was still strong, btw. Its sort of like when its snowing. After so much I put on boots and gloves, wind picks up and I add a scarf. If it looks like a blizzard is coming, I stay home. If the blizzard doesn't come, I can always go out the next day. lastshadow