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.
Friday, September 09, 2005
Up Against Key Resistance
The semiconductor sector is testing its 52-week highs but breadth in the sector is thin so today is going to be a key day to watch. Meanwhile the NASDAQ and S&P look ready to pull back, so unless volume and price move higher here the rise started last week could be on its final legs. Again, today is key.
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