Ander's Market Theories

[AnderL]

I like the chart pattern but the numbers on the y-axis. lol, I fear them. I can't even pull a trigger on a 1k position.

It's one of my favorites and does well in secular bear markets especially when people are clamoring to average down or find value. I just can't do it in the OTC. Again, for me the volatility is crazy and moves in those markets are much faster than on the bigger boards. I like the big turns that take weeks and months to complete. They seem more satisfying. That is me though and I can't recommend that anyone else trade like that as it may conflict with their methods or mindset.

I just wish I caught the ETF. I never paid them much thought in the past. Strictly as a sector gauge, until lentiman suggested trading them. They are good for for diversifications and catching macroscopic moves. I too figure after it comes down it should be a nice channel play or big bull uptrend in the making. Just have to let it come to me.