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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Paul A who wrote (18211)	1/10/2002 9:31:25 AM
From: herry iball	Respond to of 19633

Exactly Paul.....A friend of mine manages a small hedge fund, and he berated me last year for being one of those Nasdaq junkies. He gave me a lecture on the importance of understanding and seeing sector rotation....and the movement of money within the markets. Just trading nasdaq stocks is like driving a one wheeled car. I used to actually work up a sweat trying to daytrade some of the high beta stocks like EMLX. Now, I can be in several intraday positions with stops (like NEM) and actually go to the bathroom without having to run, he he. :o)