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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?


To: steve goldman who wrote (2525)2/7/1998 7:37:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 4969
 
I recently did the same thing with some of my Yahoo portfolios. I now have one with boxmakers, one for semis and one for oil drillers. If nothing else, it's a good way to take the pulse of that sector on a given day. They definitely move in a herd.

I should probably spend some more time this weekend reorganizing my other lists by sector. Glad to hear that's how the pros go about it.



To: steve goldman who wrote (2525)2/7/1998 12:18:00 PM
From: Buzzy  Read Replies (1) | Respond to of 4969
 
Steve,

Very informative post on sectors, and I see you have 11 sectors and then etc.How many sectors do you follow regularly??, do you remove or replace sectors if they're in a trading range or flat at the moment, and how many, say the top 6 or 8 companies per sector??

This sector discussion might bring back our friend Don Green, remember his 70/20/10 theory.

Thanks
Buzzy



To: steve goldman who wrote (2525)2/7/1998 4:08:00 PM
From: Cosmo Kramer  Read Replies (1) | Respond to of 4969
 
Hi Steve,
Recently I took a position in the penny stock...BAAT (My first penny stock BTW.), I'm sure you have heard about the stock because of recent movement. My question is:

On Thursday the stock took off from 2.06 to 3.25, then dropped down to a low of about .62 before rebounding to 1.75...was this action just profit taking followed by panic selling or did market makers manipulate the action. Sounds like a perfect tool for learning...

Thanks
Mark