"Please note that the Buy/Sell ratio, BSR, closed below 0.20 on Monday, signaling a very oversold condition, and the market rallied sharply on Tuesday even though the news i.e., a bailout of Greece, wasn't really all that good. It then gave back Tuesday's gain on Wednesday, but showed signs of recovery on Thursday. Again today, stock prices moved higher on hints of a bailout for Greece even though it doesn't solve any problems. Given this behavior, I'd say the downturn is essentially caput. Get your shopping lists ready for a big rally. ", Commentedy by Founder of VictorVest
My money is in retirement accounts and other reasons, I only traded equity. Thanks. I just look for a way to be consistent down or up market so I don't get scared out and withdrew completely on pull back, any size any time. I know the stocks that keep rotate up on the filter will fly on up markets. It is a bit tough in down market but certainly hold up a lot better than most.
J CHAN
"Please note that the Buy/Sell ratio, BSR, closed below 0.20 on Monday, signaling a very oversold condition, and the market rallied sharply on Tuesday even though the news i.e., a bailout of Greece, wasn't really all that good. It then gave back Tuesday's gain on Wednesday, but showed signs of recovery on Thursday. Again today, stock prices moved higher on hints of a bailout for Greece even though it doesn't solve any problems. Given this behavior, I'd say the downturn is essentially caput. Get your shopping lists ready for a big rally. ", Commentedy by Founder of VictorVest
Jun 20, 2011
J CHAN
Jun 20, 2011
J CHAN
Alpha 20 Holds now up 10.59% since 5/19. Everyone is invited to check out how this strategy work at the group Alpha 20 Holds.
Jul 7, 2011