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In a message dated 98-01-11 17:29:29 EST, jdfo@xxxxxxxxx writes:
> My comments we mainly to correct Gwenn's ridiculous and totally naive
> statement " . ..what makes you think that determining market direction and
> chosing indicators are relevant in making money trading?" Unless I totally
> misunderstood her statement, which could be the case.
I think you did misunderstand. I think what she was trying to say is a trader
doesn't try and predict what the market will do, but just observe what it is
doing and act on it. Seeing the trend is observing what the market is doing,
asking what do you think it will do monday is trying to predict.
Pete
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