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.
Thursday, February 22, 2007
Impass
Scans today didn't turn up a lot of areas of strength, but this is likely due to the fact that the market is at an important decision point. If stocks turn lower here, we could see a quick steep sell off back to support. If they break higher, prices should firm up nicely.
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