      Over time, patterns of correlation and timing will reveal themselvesto those who are patient and diligent enough to seek them out. If you donot have a program that delivers correlation coefficients, you will need tomap them manually. I recommend using a spreadsheet program to log andanalyze your data. When a piece of news comes out on one stock, the placeto capitalize is in strongly correlated securities and not the securitythat the news directly affected. By far the safest correlation play is whatI call "Spread Trading," which is the next topic of discussion.