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Strategies & Market Trends : TA- Scans and System Tests

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To: OpenMind who wrote (952)	10/14/1997 12:44:00 AM
From: Richard Estes	of 989

It is hard to develop that one system. There is something to be said For being an expert on say 4-5 stocks, going long and short. But If you pick the wrong stocks or they are flat. You can miss out on the real movers that make trading worthwhile. Breakouts that return 20% in a week or even a day. There are many ways to play the market. I option to look at as many movers as I can, that has fair funnymentals but Big RS rankings. And that is about 1/3 to 1/4 of market, so if your five comes from those, you are on the way as long as they continue to move.

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