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Wiley,
Thanks... I'll check it out.
>What do you look at then to determines what you buy and sell?
>I think he just trades the indexes. It appears he believes in the >KISS method. Not a bad insight.
Nothing in particular... I follow most of the US commodities, trading mainly in the grains, currencies, softs, and occasionally the oils, and meats. For stocks I consider everything, and run some different scans to come up with hitlists. I also try to keep my ears to the ground to pick up the rumblings of the markets.
In all honesty though, I think it paramount to know when to buy and sell... not just what to buy and sell. I would rather be naive and time one market really well, than following every market and trading them half-assedly. What's that saying... jack of all trades but master of none. I rationalize it by treating all markets as a big extended family, with some relatives closer to each other than others, but the same gene pool at the root of it all. To that end, the charts let me gauge the health of a particular family member. I just have to remember that a healthy chart is a healthy chart and a sick chart is a sick chart, while at the same time... brother bean won't look exactly like brother wheat. Nor will he look like cousin Tbond or great aunt Nikkei... exactly.
The Zen stuff sounds interesting. Talk to you later
Frank
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