Friday, May 21, 2010


IMHO it is MUCH safer, more rewarding to WAIT for the trend to ESTABLISH itself. YOU CAN BOTTOM AND TOP PICK if you want, but follwoing the TREND VS trying to make one makes more sense from RISK standpoint.
MACD also made cross (see arrow) just prior to MA cross.....MA's were rising you buy the test.....not a guarantee, we're talking about increasing our odds of being right and making money.
Maybe stocks bottomed for LOTS of me with volatility so high, when trend of rally if so re establishes there will be plenty of time to make money

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