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There are many ways to manage your trades. For example, some will hedge,
some will spread, some will bail out, etc. How to be cautious is up to you.
Your position may be a good one, unless the powers that be can pull off
another "save". Sorry I can't be more help then that.
Prosper
> >From: "Prosper" <brente@xxxxxxxxxxxx>
> >>
> >Having done a little Gann Analysis this weekend I feel that any traders
> >trading in the equities(stocks) or stock indexes should be very
>cautious.
>
>
> This seems like sound advice and if I have learned anything on my way to
> becoming a third grade sucker, it is to be cautious. I am short the DOW
> (DIA) and am curious as to whether you are advocating heightened caution
on
> the long side, short side or both sides? My time frame is the next week
or
> two.
>
> All of my indicators say the DOW is going lower and I am anticipating a
test
> of 9700 and perhaps 8600.
>
> Is my confidence misplaced? Does your Gann Analysis show anything that I
> should be particularly careful about?
>
> Thanks,
>
> Dan
>
>
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