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.
Wednesday, July 19, 2006
Tech May be Ready to Run
The tech sector is close to staging a bounce. Negativity in the sector is at overly bearish sentiment levels and technically the sector is very oversold. It's not reasonable to look for more than a counter trend rally at this time, but a rally in tech could potentially run strong for a few days and is worth buying a few shares to participate in it.
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