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In a message dated 00-02-23 11:41:50 EST, you write:
<< there is no official way to define trend, thus, those mottos like
"trend is your friend" are undefined statements and can be interpreted
in anyway one wants :) >>
Well the trend is your friend if you are trading right to left (couldn't
resist).
As the author above points out it is subjective.
And who says the trend is your friend? It is your enemy if you get in late
and the trend is about over. Its also your enemy in congestion
or a choppy market.
Jim
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