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 22, 2006
Market Cracks Some More
Profit taking yesterday and a continued divergence between big caps and the small caps and semiconductors shows that the cracks in this trend are increasing. We won't call it a top unless we see the S&P 500 break below 1310 though. Don't forget, we are nearing the end of the month where buying usually picks up.
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