Quote from Don Bright:
Just a comment to NEET.
Not trading the first 20 minutes is a fatal flaw that has been taught to retail traders for years...and is simply wrong. Trading the NYSE opening only strategy is such a primary and fundamental way to make money (simply) that very few take part in. A big percentage of all the Bright traders money is made the first 20 minutes.
I agree about TICK and not TRIN.
Still prefer NYSE because of openings and MOC's. Things are changing however. We use a lot of Naz stocks in pairs.
I, too, believe in Karma (not for trading, but in general), and that's one reason that I do my best to share things here as well.
Happy New Year everyone...make some money in 2007!!
Don
