Know Your Sectors

Steps to take for your Investment moves in my opinion are to know the 9 Financial Sectors.

Study these for a general understanding of the stock market sectors.

Know which sector your stock belongs to, and/or your mutual fund, and keep an ear, and eye open for news on that particular sector.

Any slight move in the sector, means a move in your stock, and depending on what side of the train you are on can determine whether you make money, or lose it!

http://biz.yahoo.com/ic/ind_index.html