There were 4 new highs and 188 new lows in my universe of 4,000 stocks on Thursday. My moving averages are flat and the market is going back and forth. It remains to be seen whether the current QQQQ short term up-trend will hold. I remain mainly in cash. ... Read the full post ... 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.