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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: IndexTrader who wrote (1200)	2/13/2001 5:00:05 PM
From: Chip McVickar	Respond to of 12410

Susan, The S&P 500 is the most difficult market in the world to trade and the most Fun....! <smile> Before entering the Emini world I would practice on the various Index vehicles that the exchanges are putting out, and see how accomplished you are at real time timing. Individual Stocks are not the same animal. >>I suppose you could use the sector spyders to trade these indices.<< Trading Indexes and not individual stocks I believe is the future. Sectors vehicles are the way to go...Especially Now...! I may just forget Mutual Funds and Individual stocks and head right for the sectors vehicles....? IMO.... It seems the larger institutional players are rotating money very quickly and paying little attention to individual companies. They have so much capital to invest, they're just buying a whole sector.... selling it back to those who chase them... and then moving on. Isn't this the reason why exchanges are developing easily traded vehicles for the them and the public. I don't believe one can Ignore "Utilities, Insurance, Health Care" and make a decent return on your time by playing just Tech Stocks. The Nasdaq should be a very difficult place to work your magic, and expecting it to return to the "Good Days" prior to 2000, may not happen for a long time. Like Years. But this is a new idea, that requires some more thought and finding a Good Sector Timer and Trader. <smile> The December 2000 issue of Stocks & Commodities does have an excellent introduction to the Andrews Pitchfork. It is well worth reading. Chip

To: IndexTrader who wrote (1200)	2/13/2001 5:00:05 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 12410

Susan, The S&P 500 is the most difficult market in the world to trade and the most Fun....! <smile> Before entering the Emini world I would practice on the various Index vehicles that the exchanges are putting out, and see how accomplished you are at real time timing. Individual Stocks are not the same animal. >>I suppose you could use the sector spyders to trade these indices.<< Trading Indexes and not individual stocks I believe is the future. Sectors vehicles are the way to go...Especially Now...! I may just forget Mutual Funds and Individual stocks and head right for the sectors vehicles....? IMO.... It seems the larger institutional players are rotating money very quickly and paying little attention to individual companies. They have so much capital to invest, they're just buying a whole sector.... selling it back to those who chase them... and then moving on. Isn't this the reason why exchanges are developing easily traded vehicles for the them and the public. I don't believe one can Ignore "Utilities, Insurance, Health Care" and make a decent return on your time by playing just Tech Stocks. The Nasdaq should be a very difficult place to work your magic, and expecting it to return to the "Good Days" prior to 2000, may not happen for a long time. Like Years. But this is a new idea, that requires some more thought and finding a Good Sector Timer and Trader. <smile> The December 2000 issue of Stocks & Commodities does have an excellent introduction to the Andrews Pitchfork. It is well worth reading. Chip