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Re: Breakout from congestion



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In a message dated 98-01-21 17:42:21 EST, you write:

<< sounds great! I haven't read the book.  Do you recommend it for futures
 trading?
 
 Paul Cote >>
Paul,
Not for futures trading.  Weinstein is pretty much a longer term to
intermediate term trader.  He does sometimes suggest using options albeit
options very far out into the future, perhaps even leaps, based on his
projections.  I believe that his ideas are very very crediable however, and I
believe his ideas are a good way to deal with your more conservative monies in
the market.  He is not a buy and hold guy; he is a trader and believes in
capturing profits, but he has a longer term view of his stop loss orders.  I
can strongly suggest the book.

Jim