Thursday, July 29, 2010

Edge

A simple trend line can expose a lot of truth about any market, index, etf or stock.  That is the concept underlying this Nasdaq_240m Trading Model:


True to the creed of this methodology, the less written the better.  Still, I can't help but point out that we are looking only for an edge in our trading.
edge 
 *A penetrating, incisive quality: "His simplicity sets off the satire, and gives it a finer edge" (William Hazlitt).

 *A margin of superiority; an advantage: a slight edge over the opposition.

A

2 comments:

Anonymous said...

Hi Allan,

Does the 240 minute trend model work on the related ETF indexes as well? Can you post some of these charts in the future?

Thanks,
Eric

Anonymous said...

bot a fair amount of GNVC today for first time. Did not get in ever before. They have earnings announcement next week or something.

added to NNVC position. Traded out of many shares when it was much higher, but always kept core position of 10,000.


if the SMkt crashes up, instead of down as everyone is assuming, then these biotechs could be an amazing investment for August.