Saturday, November 13, 2010

Would I buy my Stocks Monday, 11,15/10

NO. Why? The most important rule of all, do not fight the trend. The S&P 500, my main indicator is turning negative and has me in limbo land. Once a trend is established in one direction or the other, then I will either be buying stocks or shorting stocks. All I’m doing at the moment is keeping my stop loss orders tight and waiting for the market to decide what direction I will take.

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