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, October 31, 2007
Buckle Up, Here Comes the Fed Again
The market remains in a holding pattern in front of today's expected rate cut. There is nothing we can add to this observation. When we get a chance to gage the reaction to the cut, we may once again have something meaningful to say about the market. Until then, buckle down and get ready for the ride.
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