Buzz and Banter
Kevin makes some great points.
In a game of conveying field position, it is essential to define your time frame BEFORE you present a thesis. For example, Toddo referred to a piece I wrote yesterday for the site as offering an alternative view on the market.
Right now, some are focused on the negative framework because it is in front of your face. If I were talking to a pure trader, I would suggest what some near-term opinions on the site have conveyed - possible downside. My job as a Market Strategist isn't to focus on the pure trade because (a) I stink at it, (b) it isn't my job or client base. I view my job (and I hope the boss agrees) as to determine the best way to react to the most probable trading move. In other words, should one be negative because a possible drop, resulting from the breakdown in the range, is coming - or become increasingly optimistic as a potential drop happens?
So in the current environment, if I were writing for very near-term oriented folk...I would be Boo. If I were focused on the intermediate-term type (which is my job) I would be Hoofy. When you are listening to someone on TV, reading them in the super suave Mike Santoli Trader column in Barrons or talking to them on the phone - ASK THEM WHAT THEIR TIME FRAME IS, because it has a HUGE implication for what their view could be.
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