I just mentioned to someone the other day, it's going to be a lot more work to make money once things get stable. Now you can pretty much make money off any high volume, well-known stock intraday. $4-8 day ranges gives lots of opportunity. What happens when that settles to a 2 or 3? Blah.
i remember trading thru the transition period from 2002 bear to 2003 bull and it was a smooth and fast transition but i agree with you and yoder that this time, i have a feeling once the dust settles on this bear that the 'debris' and cooling off period will be more damaging to many traders than the actual decline. we shall see, let's hope we are wrong.
I just mentioned to someone the other day, it's going to be a lot more work to make money once things get stable. Now you can pretty much make money off any high volume, well-known stock intraday. $4-8 day ranges gives lots of opportunity. What happens when that settles to a 2 or 3? Blah.
ReplyDeletei remember trading thru the transition period from 2002 bear to 2003 bull and it was a smooth and fast transition but i agree with you and yoder that this time, i have a feeling once the dust settles on this bear that the 'debris' and cooling off period will be more damaging to many traders than the actual decline. we shall see, let's hope we are wrong.
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