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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (8896)3/23/1999 9:24:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 99985
 
BB no need to be OT...that was a valid statement...

however...we can & should trade what ever trend is in play BB...

doesn't really matter to me...oh heck i like the long side because it feels right...

but i have shorted & recently bought puts on many issues based on my TA using P&F...INTC comes to mind...

i have over the years, come to the realization, that most traders/investors over analyize stocks, markets, and indicators..

i did that...and failed....till i discovered P&F...

a wonderful tool for fools like me...it works..it leads, i follow, and never deviate from the straight line course...

as of this day, i was trading heavily long, because of the 2 short term indicators that went positive 3-4 weeks ago...

the HI Low index turned around yesterday late, and i wasn't informed in time...not a big deal...my call purchase today was small for me...i will get out quickly...

But all kidding aside...it's fun and enjoyable to talk about our thoughts on direction, news events, resons for this or that...

BB, the real bottom line is how we can all make money...period..

the markets are here everyday...we can and should be able to take what ever it gives us...and we will.......