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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: aniela who wrote (47969)5/1/2003 1:18:37 PM
From: Beachside Bill  Read Replies (2) | Respond to of 53068
 
Being a mathematician, do you use technical analysis? Just seems to me that you would have the ability to make some great formulae for stocks and profit from it as a trader.

I am not sure how long you have invested or traded, but Ron is right. One sector can go down and stay down or even go lower when you say to yourself "there is no possible way for it to go lower". If I was in one sector. I would be trading it constantly.

I posted to Larry months back that for a real rally to occur in that sector. Smart money is going to have to be convinced that manufacturing and factory orders will be increasing in the future. We may have that and your on your way up from here. Too gutsy for me at the moment beyond playing oversold and overbought ST plays.