Comments on: May Lows Still Holding http://tradermike.net/2004/05/may_lows_still_holding/ Trading, Stocks, Stock Market, Money Mangement & Risk Management Thu, 20 Nov 2008 11:38:24 +0000 http://wordpress.org/?v=2.6.3 By: Michael http://tradermike.net/2004/05/may_lows_still_holding/#comment-516 Michael Tue, 18 May 2004 16:24:59 +0000 http://www.tradermike.net/2004/05/may_lows_still_holding/#comment-516 My strategy wouldn't change very much since I'm a short term trader (looking for 3 to 5 day moves). I'd probably shorten my time frame a bit and I'd rely on oscillators (in my case stochastic) a LOT more. I'd be looking to sell/short overbought and buy/cover oversold based on my oscillator and of course candlesticks. As for longer term folks, I'd hope they'd have the general market condition factored into their overall strategy. For my long-term account I'd be largely in cash until the uptrend resumed. My strategy wouldn’t change very much since I’m a short term trader (looking for 3 to 5 day moves). I’d probably shorten my time frame a bit and I’d rely on oscillators (in my case stochastic) a LOT more. I’d be looking to sell/short overbought and buy/cover oversold based on my oscillator and of course candlesticks.

As for longer term folks, I’d hope they’d have the general market condition factored into their overall strategy. For my long-term account I’d be largely in cash until the uptrend resumed.

]]> By: Stock blogger http://tradermike.net/2004/05/may_lows_still_holding/#comment-515 Stock blogger Tue, 18 May 2004 16:14:06 +0000 http://www.tradermike.net/2004/05/may_lows_still_holding/#comment-515 So let's presume that the market is going to continue testing lows and be choppy through the summer. Do you keep more money on the sidelines? Do you invest in stocks with strong dividends? Do you maintain your strategy? So let’s presume that the market is going to continue testing lows and be choppy through the summer. Do you keep more money on the sidelines? Do you invest in stocks with strong dividends? Do you maintain your strategy?

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