You mentioned oil in your post, that is why I responded to it. Price changes in oil do not effect stock price swings at all from my research.
If you just read my website sections on discretionary trading you will understand why I do not bother with all of these other arbitrary things. I in no way represent that my way is the only way to go, only that it is what I do.
For those who want to synthesize these massive amounts of data collectively, and come to a decision of when to buy and sell, I will leave this thought. Most managers do not beat the S&P 500 each year, and many of them have very powerful people in research staffs doing exactly the same thing. That is very tough competition, yet beating them does not even assure you of beating the averages.
You have to learn to look at things differently from the herd to get ahead. My way is one way of doing that, and there are others.
Please, let’s just move on. We are comparing completely different approaches to investing, and we will never resolve this.
