With the GMI and GMI-R at zero, I think it is not the time to fight this down-trend. The major indexes look terrible and the QQQQ completed the 7th day of its short term daily down-trend within a longer weekly down-trend. The key to survival in the market is to lose as little as possible ... Read more
› Wishing Wealth
One-Line Bio
I am a Research Psychologist with 40 years of stock market trading experience.
Biography
Over the past 40 years I have learned how to successfully trade stocks. I have managed to avoid every bear market since 94. I multiplied my IRA 13x and got out of the market in 2000. My portfolio gained 50% in 2003. I came in 5th in the Barron's Stock Challenge, professors division, in 2004.
I use technical analysis and think for myself. I have a set of rules to get me in/out of the market and stocks. I use TC2005 and IBD to track stocks.
I am writing this blog as an educational resource for friends and others. I am not a professional investment advisor and one should not follow my lead without first consulting a financial advisor. I reserve the right to change any opinions published here at anytime, without posting such information on this blog.