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Politics : Ask Michael Burke

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To: James R. Barrett who wrote (407)8/9/1996 8:53:00 PM
From: Scott Maxwell   of 132070
 
This is "Ask Michael Burke," not "Ask Scott Maxwell."

But since you ask....

If you're going to trade stocks in a group like this (good long-term future, air pockets and downdrafts for now), you have to have a feel for the news coverage and attitudes around the stock, keep your eye on the calendar, and have a gut feeling for when upward momentum is breaking down and when selling has gone overboard. I'm not a believer in TA, and no fixed percentage scheme is going to work very well.
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