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 15, 2006
Watching and Waiting
Today is triple witching options expiration, which is accompanied by several economic reports that are being looked to with anticipation. We will withhold comments today and wait to see how the market responds. Remember, it is not important what the news is, but how the market responds to that news that is key.
Take a breather today and don't open new positions.
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