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 VIX broke out to the upside today and near term sentiment measures remain close to neutral. With the heavy volume today it looks like institutional money will remain in a selling mood for the next few weeks.