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Strategies & Market Trends : DAYTRADING Fundamentals

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To: KymarFye who wrote (12114)3/1/2001 7:02:13 PM
From: Mark Davis  Read Replies (2) of 18137
 
If I may answer and ask a question at the same time. Buying or selling 'basket' of stocks is a popular method of playing the market. It smoothes out performance so that you are pegged more to the market as a whole instead of a few stocks, which may not cooperate.

Now that there are QQQ's and SPY's that are quite liquid, what is the justification for trading a dozen or more stocks ? Unless you are able to hand pick the strongest and weakest stocks consistently, its a lot of trouble, and extra commissions (unless you trade flat fee per share).
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