Ron, a lot of my usual suspects of day-trade triggers have dried up, especially on the long side, so that hasn't been bad and my swing trades, some of which i share here on the blog, have been largely in oil, gold and short, so those have held up nicely.
Hi Allen,
ReplyDeleteHere are a couple of interesting charts to go along with your post.
http://stockcharts.com/h-sc/ui?s=$INDU&p=M&st=1960-06-06&id=p92400279230&a=144516610
http://stockcharts.com/h-sc/ui?s=$SPX&p=M&st=1936-01-01&id=p18131222374&a=142013588
Allan, Looks like we are set for panic selling today. Do you think so too..
ReplyDeleteLooks like a strategy of Long Oil, Long Gold and Short Stocks has been the right road map.
ReplyDeleteNow where did I read that?
A
Allan,how has your day trading system held up in this weak market?
ReplyDeleteThanks,Ron
Ron, a lot of my usual suspects of day-trade triggers have dried up, especially on the long side, so that hasn't been bad and my swing trades, some of which i share here on the blog, have been largely in oil, gold and short, so those have held up nicely.
ReplyDelete