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, November 07, 2008
Market Sentiment
We had an up day on decreased volume today. This doesn't give a lot of cause for confidence. Even moreso heightened bullishness readings give one a reason for pause as the market continues to struggle to mount a rally:
Sentiment readings from Ticker Sense.
Sentiment Trader has investment sentiment back at neutral. This is where it has been during each market downturn over the past few months.
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