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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: DayTraderKidd who wrote (2968)12/12/1998 8:01:00 PM
From: Nazbuster  Read Replies (2) | Respond to of 90042
 
Peaceful, I've seen this strategy before, but couldn't see the advantage. If you pick stocks which usually move in tandem, then any market move has no advantage: you lose on one and gain on the other. If you pick in the wrong direction for both stocks, you'd be toast! I'd rather get it right in the first place.

All the TA failed me this week for some reason. I'd like to learn from it, but haven't identified the core reason. Perhaps, with options expiring soon, the Pres. in trouble, and tax selling pressures, it was just a schitzo market and I should avoid these times altogether.