AI
Monday, March 24, 2014 5:44:47 PM
The best trading tool for a nasty downturned market I've seen yet, is a trick my buddy GB55 taught me. When less than 20% of the stocks on the $NYSE are above the 50 dma? go long.
Lately, anything below 40% has resulted in a big gain. I've bought the last few dips in the 401k, I won't buy equities again, until this is below 25%.
Lately, anything below 40% has resulted in a big gain. I've bought the last few dips in the 401k, I won't buy equities again, until this is below 25%.
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