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, November 22, 2005
Holiday Week, Trending Higher
Volume will be even lower the rest of the week. Traders can potentially use this as an opportunity to chase prices higher. Areas of tech were weak yesterday, but pullbacks in this type of market environment are usually short lived as they lure in bearish traders and then quickly resume their trends. We can't repeat this enough, dips are buying opportunities now.
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