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Strategies & Market Trends : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?


To: MoneyPenny who wrote (1927)6/26/1999 1:28:00 PM
From: Kathryn Anshutz  Read Replies (1) | Respond to of 4916
 
Hi Sharon -

IWATCH has me pondering too. For a while, I thought that by looking at the top 10 sectors and comparing buy and sell interest in the evening, I might be able to anticipate the next day's market action.
After a couple of weeks of hits and misses, I gave it up.

Someone must be using this site effectively and I sure do hope they answer you publicly.

ka



To: MoneyPenny who wrote (1927)6/26/1999 7:40:00 PM
From: Julius Wong  Read Replies (1) | Respond to of 4916
 
Sharon:

Thanks for the Thomas I-Watch link. It's very good data if we figure out how to use the info.

Steve Goldman of the Trading Desk thread probably know how to use the info for short term trading,
Subject 15612

I think this is also a good long term indicator. Laszlo Birinyi (Wall $treet Week elve, Forbes columnist) counts money flow, which is a good long term indicator. The Thomas I-Watch data may be used as a substitute for money flow.

Julius