Traders Laboratory - View Single Post - whats up for tomorrow in the sp?
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Old 04-19-2007, 02:44 AM
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Re: whats up for tomorrow in the sp?

Everyone has to make predictions, just on different time frames. One person is predicting the Dow will go up 10 points in the next 5 minutes, another person is predicting it will go down 200 points in the next 2 days. So it's perfectly valid to say "I think the DOW will go down 100 points today" if that's what your daily charts are telling you. Intraday scalping isn't the only way of trading.

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