Thursday, March 31, 2011

My system is still a buy as of 3/21

That means buy open 3/22.  So far the gain is 6.81% and not bad.  Remember to place a stop at half of your gain or the next sell signal.  The energy and materials sectors and ETFs have done very well.  I have noticed that Asia ETFs are strong except for Japan of course.  I herd on TV some one pushing Japan as a long term buy.  Not even close yet should you buy Japan and maybe never.

In fact today on Fast Money a show on CNBC after a guest talked about how bad the FED is doing and how bad the housing market is and how printing money how bad it is going to get, he said to buy things like silver and gold.  Hmm I think he already owns the silver and gold and wants the viewers to buy more.  What the F*** is going on.  Be a ware of this kind of reporting in the media.

Have a plan and follow it as if your life depended on it because it does......

Happy trading !!!

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