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.
Thursday, June 30, 2005
Strength in Some Sectors
While the market appears to be stuck in a trading range as we near the holiday weekend biotechs saw a strong burst of buying interest yesterday after a number of stocks which had been under accumulation started to make their moves. Likewise, mining stocks, which have been up against resistance, pushed through resistance levels in a burst of volume.
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