since LG isn't around thought i'd post something he might have said sometime somewhere. this is from a discussion at elitetrader.com...
06-03-03 05:41 PM leading the minis
The higher time frames lead the lower time frames. Meaning use multiple time frames and don't trade against the next higer time frame. Keep it simple. Hope this helps. It has helped me.
I have no position in the stock. It is a company I keep tabs on because I like what they do. They lose money every qtr. I was just curious if there was something obvious that I didn't see. They sold off a portion of their network and this added to their most recent qtr earnings that is all I could find.