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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: agent99 who wrote (7537)	7/22/1999 2:45:00 PM
From: dave carroll	Read Replies (1) \| Respond to of 12617

Kind of a unique question: Does anybody know of an index fund that encompasses not only domestic but foreign stocks as well?

To: agent99 who wrote (7537)	7/25/1999 9:31:00 AM
From: TFF	Read Replies (3) \| Respond to of 12617

Chat Room Technical Analysis Recently, we met an investment company in Boston that has developed a brand new investment approach: Chat Room Technical Analysis. This proprietary software reads the number of chat room entries per day on particular stocks, using the Yahoo Finance message boards as its source. The software then correlates the number of entries on each day with the price movement and volume, either way, of the stock. They claim that the number of entries per day correlates rather well with the validity of their technical analysis. In other words, when a lot of people are focused on the stock, their traditional technical analysis methodology works better. Since we believe that technical analysis works best in the absence of other influencing factors, we tend to believe that there might be something to this. Technical analysis is an attempt to gauge the "mentality" of the market, using price charts as the pointers. When interest in a stock is high, which is reflected in the chat room entries, perhaps technical analysis really does work better. The way they use this information is very simple. When chat rooms entries increase, they begin to make short term trading positions, based on technical analysis. The technical analysis tells them whether to take long or short positions. The chat room information tells them when the time is right for a TA style trading position. And you thought that every method of playing the market was already known. But the amazing thing, to us, isn't the technique. It is the fact that chat rooms are now an input into professional money manager In the past, professionals tended to ignore the "public's" influence on the market. Now they can't ignore it, since there are so many individual investors. We agreed not to disclose the name of this investment firm, although they aren't a household name. But it is somehow reminiscent of the fact that pick-pockets are attracted to crowds...