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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (1657)	1/13/2001 1:44:57 PM
From: lee kramer	Read Replies (3) \| Respond to of 6445

Fine post. But 30-60 stocks? A bit too many for this old noggin. As for Gann...tread carefully here. The same for Elliott Wave. Bob Prechter did well with Elliot for several years then got badly clobbered. The moral here: never rely on one indicator. The same is likely true of Fibonacci. It often works, but it's just one of many tools. And it's damn far from infallible. I know a few guys who've gone down the tubes from an over-reliance on this one. Keeping it as simple as possible as you suggest "feels" right to me. Determine a stock's trend...weekly, daily, 60 minute, 15 minute, 5 minute...and trade accordingly.