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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (1823)5/1/2003 9:53:01 AM
From: Ken W  Read Replies (1) of 23958
 
Sergio

You miss the point. Today's market "leans" on charts of 5 min. to 3 months responding to the daily sound byte as their roadmap to research. That particular chart (since it covers only 30 base stocks in the index does not cover those special situations that operate under the radar of the "investing public".

Fine for playing the diamonds or QQQ's in relation to the NASD as a whole, but hardly valid when playing most of the stocks that we follow. To base a buy or sell position on DFIB on a general chart is not a good idea IMO>

Sorry to disappoint you on the response, but you wanted discussion.

BTW you are correct on NGAS. TA wise it needs some pullback here.

Ken
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