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.
The S&P did indeed break out Friday. Over the next couple of weeks we will be looking for follow through. As long as there are no major fades this week, the bulls are looking at a good fourth quarter.
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