AI
Saturday, October 05, 2002 5:23:38 PM
chainik, I agree, there will most likely be a strong downtrend in October, for more reasons than just redemptions, IMHO.
As a general point, (addressed to everyone), anyone who is trying to trade but doesn't have at least a strong basic knowledge of TA is looking for financial disaster and needs to take a crash course, pronto.
For the next several weeks, my best advice to anyone who is not a very quick, very experienced trader, (much quicker and more experienced than I), is to play the dark side, (assuming you have enough TA knowledge and experience to do so), or don't play at all. Just leave your money in cash, wait until Zeev says the big rally has started, then wait a little while longer to allow for Turnip-Optimism, then go long. {g}
JMHO,
MDA Thread #board-1320
Turnips Thread #board-1125
Trading Info #board-1220
Retrace #board-1345
PPT #board-1280
http://www.angelfire.lycos.com/goth/augieboo
As a general point, (addressed to everyone), anyone who is trying to trade but doesn't have at least a strong basic knowledge of TA is looking for financial disaster and needs to take a crash course, pronto.
For the next several weeks, my best advice to anyone who is not a very quick, very experienced trader, (much quicker and more experienced than I), is to play the dark side, (assuming you have enough TA knowledge and experience to do so), or don't play at all. Just leave your money in cash, wait until Zeev says the big rally has started, then wait a little while longer to allow for Turnip-Optimism, then go long. {g}
JMHO,
MDA Thread #board-1320
Turnips Thread #board-1125
Trading Info #board-1220
Retrace #board-1345
PPT #board-1280
http://www.angelfire.lycos.com/goth/augieboo
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