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, February 16, 2007
Probably a Quiet Day Ahead
Today is options expiration and the market is closed on Monday for a holiday so we don't expect much activity in the market today. At a minimum, today is not an optimal day to open new positions. Maintain current positions and enjoy the long weekend. We will evaluate the weekly close on Tuesday.
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