SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : DAYTRADING Fundamentals
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: fut_trade who wrote (14209)9/22/2001 3:42:03 PM
From: OZ  Read Replies (1) of 18137
 
I think some discretionary traders watch a major index for a break out and then pick a few stocks within the index having a high relative strength. That should be fairly easy to model

That is in the neighborhood of what I do. But the only problem is that when an index breaks out, it is because a larger portion of the stocks within it have already made enough of a move in that direction to offset the rest of the stocks in that index that are going in the opposite direction or trading flat. If one waits to buy the strong stocks after the index is breaking out, one finds that they are chasing the stocks that have already started moving as much as several minutes earlier.

Oz
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News