RE: US Stocks - Watchlist and Discussion
(2016-01-17, 01:59 PM)Chartmill Wrote: Yep , for the US-longtermtrend, i look @ QQQ, DIA SPY and IWM. Most of them are currently in a stage 3 phase, except for the Russel2000 - smallcaps (IWM) > since last week in an early stage 4 phase. Increased sell volume also... Interesting times!
Weinstein's method is all about playing the winning percentages - as he says on page 76 in the book. And if you reread the Forest to the Trees approach on page 75 you will in Weinstein's words "...find yourself heavily invested in the best acting stocks when the market is powering ahead, and sitting on large cash reserves when the overall trend turns bearish."
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.