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"It's so easy if you know the rules, have the experience and guts."
"This is not an opinion."
Pfff...
There is something about your arrogant style of writing that truly
grates on me.
Your narrative talents are probably wasted on this audience.
We are here mostly because we're interested in learning to utilize
MetaStock as a useful tool.
Perhaps your efforts may be more productive at the bottompickers
usergroup.
jose
--- In equismetastock@xxxxxxxxxxxxxxx, "davetrends" <davetrends@xxxx>
wrote:
> OK, let's look at it as traders. The Nasdaq is down 11% from its
> 2150 top. It has just taken it in the nose for -70 in a days time
> (March 22), then it trades in little more than a 20-point rang for
> three days. You look at your chart. You DO have a continuous
Nasdaq
> chart to look at, right? Nice three day flat. Now what's tomorow
> going to bring. If it opens down, have a long breakfast, it it
stays
> flat, have a long breakfast. But no, it gapped, then rose. The
> chances are so great, at -11% and after a 3-day flat that it will be
> a stong all-day-upper that this first hour of the day is a mandatory
> entry point. There's no waiting for a confirmation, no screwing
> around with crossing moving averages, pennants, volume
> considerations, economics, earnings, PE, waves, bands and all that
> other crap. You enter the market, on the spot, with some depressed
> techs - at the safest possible place - at the bottom. It's just
that
> way. It's so easy if you know the rules, have the experience and
> guts. This is not an opinion.
>
> We talk about stuff like this at New Breed.
>
> http://members.aol.com/davetrends
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