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Strategies & Market Trends : winpa -- Ignore unavailable to you. Want to Upgrade?


To: Steve Smith who wrote (4430)1/14/1998 1:42:00 PM
From: Power Player  Respond to of 6855
 
Hello fellow traders, i would like to offer my site securitytrader.com as an additional tool for those of your who like to make sure that you have all the bases covered.

For example i use sector analysis to determine the risk in any given stock before making a purchase, the current sector reading is securitytrader.com, if you were to compare the above picture to what things looked like the week of October 15, 1997 (pre-500 point Dow drop & 100 point NASDAQ drop)http://www.securitytrader.com/sectordistrib101597.htm you can tell we are in a much different (SAFER) enviroment.

I've had incredible success simply by making sure that i'm NOT buying secotrs that are already "Overbought" or selling short in sectors that are already "oversold".

Good luck to all and Happy Trading
PP