when does the trend start and stop? after one minute or one day or one week. when do you get on. or do you buy when the s&p say for instance goes up a tick or ten points or what.

i dont believe that any follow the fools strategy has ever worked except for brief periods. or if it did you could just progarm a computer to buy and sell accordingly and go to sleep and wake up with all the money in the universe.

if you assume that the market if fairly valued at any given point in time, and thats a good assumption, then any tick off from the last is probably in the wrong direction, so you would be better off going against the trend. but that wont make money either.

oh, did i ever mentioned that stocks are valued according to their p/e ratio and almost nothing else. and will seek that level.