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

To: Robert Graham who wrote (38034)	3/7/1999 1:44:00 PM
From: J. P.	Respond to of 94695

<<significant market events and indications that could of foretold of this breakout by the market.>> How's this, somebody leaked the employment numbers? -g-

To: Robert Graham who wrote (38034)	3/7/1999 1:53:00 PM
From: Berney	Respond to of 94695

Bob, Again we agree. Getting kinda boring. <g> I've noted a couple of times that it amazes me that folks don't understand the cause, power and implications of a trading range. Others refer to it as basing, or what have you. Frankly, I love them! Once identified as a trading range, I simply "expect" the trading range to continue until it no longer does. Since I adopted this approach I'm much more relaxed, I've had much greater success, and I enjoy the investment game much more. I move from 90% stocks to 90% cash in the blink of an eye. I just try to initiate a couple of trades a week that I "expect" will give me 2% for the week and the math will take care of itself. I let others go for the homeruns. But, as you noted, it is a lot of effort. Berney