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Re: omega-digest Digest V98 #697



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Tim wrote:
>I absolutely agree. This is a perfect example of where today's focus on
shorter
>and shorter term trading and charting periods have hindered many
>traders--Looking at compressed timeframes in some markets makes them nearly
>untradeable.

Alan wrote:
>As daytrading becomes more and more popular (people who know little
>about it and have no interest in trading have even heard the term and
>asked me about it) should a person take the tennis approach and hit the
>ball to where they *aren't*?  
>
>In other words, will the growing popularity of daytrading cause most
>markets to become chaotically untradeable?  If so, "position" yourself.
>

Well said you guys! 
How about buying the SP in 1982 and adding another contract every time it
went up 10%? The ultimate long-term trade, I wish it was mine!