So what can you do, short of avoiding the market altogether? For starters, never submit an ''at market'' buy or sell order to your broker. You're playing right into the computer's hands - er, hard drive.Otherwise you could end up with one worthless stock because you'd finish up out of pocket selling it. Counter-intuitive as it sounds, also avoid mining stocks that have high turnover. Since computers get in first, you're only speculating against yourself. Speed trading can bash them around with no trouble at all.And think twice about short-term trading. Robotic trading produces spikes or dips in prices that can easily be mistaken for the start of a trend. To the extent speed traders dominate trading, a stock can stay fundamentally out of whack for a long time.''They make the market much more volatile and unpredictable,'' says Dale Gillham, the chief analyst at fund manager Wealth Within, which runs the only accredited diploma of share trading and investment. ''It's like a marathon race. Someone sprints for 10 minutes and gets out in front but the pack catches up.''The whole idea of speed trading is to catch you out, so the solution is to ''look at the bigger picture'', he says. ''Don't trade day by day. Look at the market on a monthly basis and say - what is the real trend?''
The "real trend" for LKE will be based entirely on RESULTS!!!! What's happening Steve and Lindsay??
LKE Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
