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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Trader J who wrote (5763)	1/23/1999 4:06:00 PM
From: Jon K.	Respond to of 56535

TJ, >>As far as trading goes, I don't think the market could be much better. All this uncertainty, volume and Inet hype/sell off plays right into our game.<< I absolutely agree with you, the daytraders couldn't ask for any better market conditions. However, I have a full time job and cannot watch the market all day. I tried daytrade or 2days trade(a very short term for my standard) last few days and wasn't very successful except one lucky Yhoo trade. I think I will go back to a week to a month short term plays. Please give advice not just to daytraders but to these short term players. (I think there are more short term players here than daytraders in this thread) Thanks for sharing your thoughts on general market condition. Looking forward your evening post. (When you post something more important matters, could you use **** or $$$ in front so that it will be easy to recognize?) Jon

To: Trader J who wrote (5763)	1/24/1999 2:48:00 PM
From: zora	Respond to of 56535

Trader J, I saw an article in the local paper that charted the market in relationship to bear and bull markets. The months of Jan and Feb have historically been very bullish and IMO will hold up very well in this market. Most "analysts" believe that if a change in market direction is coming that it would happen this summer. Heck, I don't know either but found this particular article interesting. If I can find it I will post the url. My financial plan is simple - trade the risky stocks short term and only buy quality stocks for the long term. I like AOL, DELL, & GE, and have a significant stake in them. If the market falls, I am comfortable with quality and will buy more at lower prices. zora