Expect to listen to 10 to 15 conference calls for every one trading opportunity - its about putting the time in and only trading when there is real news - also, just a note the webcasts often lag behind the audio from phoning into a conference call by several seconds --
I agree about the phone conference vs webcast, however, SanDisk had a great powerpoint presentation at their last conference... It's true that one has to listen to several conferences in order to recognize news that will create a strong price movement. But when one can recognize the news and its psychological impact, and one has the funds, the profit can be tremendous. I'm happy with a six-figure profit for each recognized revelation. I realize that I am not a 'Trader' with this approach and I admire 'Traders' who have the temperment and the skill (and the hardware/ software) to make money on the momentum and price movement regardless of the message in a conference. Aegidus ______________________ Know what you don't know