JD, I am trying to learn day-trading, but found it hard to adjust my personality to it. Nevertheless, I do pay a lot a lot attention to your posts, they are often great, and make sense.
Well, I am paying more attention to 2-4 months time frame. The 1937-38 model did help me a lot in my decision from late last year to early March. After middle of March, I am using 2000-2003 model. I think we are in the period of Jan-Feb of 2002. This bear market rally might still have a couple of months to go, or at least in a side-way with upward bias.
The turning point might be this Sept again, but we might have to wait for next year to see the new low.
Good luck to all day tradings, where I think money can be made. But just not my cup of tea. I am focusing on medium term trading scheme which I feel more comfortable.
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