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Strategies & Market Trends : Technical analysis for shorts & longs

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Nov 28 4:00 PM EST

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To: Johnny Canuck who wrote (16414)	6/6/1998 2:54:00 PM
From: Tom Trader	Read Replies (2) of 68474

Hi Harry -- long time -- hope that you are doing well >>Tom Trader on the Tech Option Thread has stated many times that he has found that system trading works better on the indices as opposed to individual stocks. << I believe that what I said was that the system that I use to trade futures works better on the indices than on individual stocks. I have found that the system, with minor modifications, works great in different futures markets, but produces inconsistent results with different stocks. Never been able to figure out why this is so. I am inclined to believe that a mechanical system can be developed to trade stocks successfully. I have not been able to do it -- though in fairness, I have never put the effort to trying to develop one for this purpose. My regards

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