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Strategies & Market Trends : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?


To: Carolyn S. who wrote (1137)11/8/1998 9:01:00 PM
From: Julius Wong  Read Replies (1) | Respond to of 4916
 
Carolyn:

> Whenever I found settings that did real well on one year,
> the same settings would stink on another year.

Technical analysis does not work well in volatile markets.
We all forced to adjust parameters too many times.

Julius



To: Carolyn S. who wrote (1137)11/8/1998 10:35:00 PM
From: JR  Respond to of 4916
 
Hi Carolyn,

Julis is right on the money, years ago fido select was all I traded (all I had money to trade) it was TA only with different indicators use in different market environements, a constant adjustment to the timing model that you have to live with or dump the system.
The best I can say to you is, be confortable with what ever system you use it dosen't matter it its fundamental and technical, personally developed system or a news letter. Big scores are great but stress and worry over the volitility will cause you to miss the signals and question your own ability.

Enjoy the markets
JR

P.S. Spelling sucks, sorry