Our stock trading strategies are based on surprisingly simple yet effective no nonsense logic that is uncommon in the stock market. For our short term trading strategy we: Buy at support; we take small, quick profits; and we use the 10/2 rule so that we never slip backwards.
Tuesday, May 31, 2005
End of Month Buying Window
We are into the end of the month buying window and even with the market well into an extended run don’t discount the power of the monthly buying spree. This is when 401k monies and other monthly retirement deposits are added to the funds. Moreover, since several indices are just a few points shy of all time highs these fund managers are going to feel the pressure to get fully invested or be prepared to answer some tough questions about why they doubted the market during its best run in 9 months.
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