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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: ExCane who wrote (2877)	2/6/1998 9:10:00 PM
From: TFF	Read Replies (3) \| Respond to of 12617

Steve & Alex: Watching Industry groups is an interesting strategy. here are some questions: 1) Assuming the leader of each industry is the leading indicator for that group, what is the correlation within the group? is this something that you have found works consistently?Do you follow the fundamentals of each stock within the group so that you know which stocks will move in sympathy with the group leader? 2) Do you use this strategy to Day Trade or Position Trade? 3) How do you tell when money is flowing from one sector to another? 4) Do you watch the industry indices rather than the stocks within the groups to determine what is moving and what is not? 5) Do you follow the charts of the individual stocks within the groups to know what the support/resistance zones are for each stock? 6) Do you think this strategy could be used for one industry group only? such as technology? 7) Would you employ this strategy only with groups that tend to be moving in sympathy with the market? 8) Would your exit strategy be centered around the stock itself, the overall market, or both?