LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Ron McKinnon who wrote (1170)	10/13/1998 7:29:00 AM
From: LastShadow	Read Replies (2) of 43080

Well, yes, I watch certain stocks as sector indicators, but I'm not surethat would be generally useful. If one doesn't know what to do with a particular signal, what would be the point? I think people need to find a relationship on their own. If so and so watches the S&P futures, that might tell them something. But if you don't know what relationship that has to the stocks you are watching, it could be counter productive. What I look at is specific to the way I trade and my obbjectives and risk tolerance and education and esperience and preference. Doing what I do won't make someone a better trader. Watching what I watch won't tell them what I am looking for or when to move. But, on the other hand, if they discover for themselves a relationship they now have something to feel comfortable about when going long or short - regardless how right they are. Can you tell I only got 4 hours sleep last night? ls

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