Hedge-fund tactics discussed in light of N.B.

There is a new installment at the website. The three clear entry points of the last 19 trading days are described. The last, on 8-26, spawned a 9-day rally, but most trader were probably out after 5, and rightly so. Still nice. Another section deals with the fact that no one entered this one in Mid March and stayed in until now. That wasn't even the thing to do. It should have been traded as always, to stay out of any major downturns.

Then we have a discussion of various trading conclusions drawn by the hedge-fund managers interviewed in Schwager's third Market Wizards book, from a New Breed trading point of view. This will be a continuing subject, since there are numerous such conclusions of more than a dozen managers - many of whom have beaten 100%/year with large sums.

As always, there will be no hindsight trash talk and not many statistics, just what could have been done with the market, realtime. . Still wondering if anyone deals in down-to-earth market talk? Take a chance and stop on by. You're invited.

New Breed of Stock Trader

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