The stock market is a marathon for longer term investors. The Buy & Hold crowd was popular in the late 20th Century before being wiped out in the 2000-2002 debacle on Wall Street. Perhaps no group better then these conservative investors can benefit more from the trend models. We can describe it as "Buy & Holding Long Term Trends." Lets take a look at few Weekly Trends that we follow on the private e-mail list:
NNVC Weekly Trend Model
BIDU Weekly Trend Model
GORO Weekly Trend Model
REE Weekly Trend Model
VXX Daily Trend Model
FIND SOMETHING THAT WORKS.
THEN TRADE IT.
A
6 comments:
Is the weekly buy triggered at 1.33 or higher
I would but NNVC now!
Can anyone tell me who has the power to bring this stock down to 1.24--load up-- and then it takes of to 1.35.
Is this manipulated by investors?
Thanks
it is all those 'anonymous' who drives the stock price up and down ...
its just predictable price action. sellers stepped in at 1.40 resistance to take profit. they will do it again at 1.70
Market Summary
...lets see,
1) Bernanke suggests in a statement that QE2 will probably happen
2) the election comes and goes
3) a few stick saves at key support points stops the short sellers
4) FOMC meeting says QE is on
5) Buyers blast the market up...while the wizard drops the dollar down a bit
.... did I miss anything ?
next target 1300 s+p
and a happy christmas retail season.
january 2011 ...watch out below for the real (semi engineered) correction
probably back to s+p 1100
at worst. at worst I say.
1100....1120 ...wherever the 200 MA is....thats it.
enjoy the 'new normal'
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