I have sold my GDX position for it never gained with in three days so out it goes.
I also trimmed my winners at the new high to book some nice gains. Next I plan on getting back in on any weakness with the recommendations from Sumgrowth website and the portfolios I have set up. Next be looking for the seasonal exit out of stocks and into bonds after April 1st. The last two years April has been down and my guess it will be a strong month in 2013.
Happy Trading
How hard is it to invest in the markets and do better then having a properly allocated portfolio like wall streets recommends. My answer is in this blog, shows it is very hard to do for the average person with a full time job and an active personal life. My goal is to buy into up trends and get out when it is done. Sounds simple, right? Two directions I have are: 1). Use the seasonal stock strength, October to May. 2). Use the smarts of Sumgrowth.com
Sunday, March 31, 2013
Friday, March 22, 2013
The case for optimism
The case for optimism - click on the link to read Scott's blog.
Is the news being mismanaged? I think so and Scott's blog shows what is reported in the news can be misleading. The news is overwhelming negative were Scott shows facts that paint a positive picture of our economy.
Happy Trading
Is the news being mismanaged? I think so and Scott's blog shows what is reported in the news can be misleading. The news is overwhelming negative were Scott shows facts that paint a positive picture of our economy.
Happy Trading
Thursday, March 21, 2013
Looking at the chart of GDXJ
I have bought GDXJ because it has gone higher then ten days ago. It has come down over the last three months and has traded sideways a few weeks making a candidate for a trade. My stop is 5 percent loss.
The news sounds bad, is it?
If I listened to the news to know when to buy or sell I would lose all my money. I have no idea what the markets will do tomorrow or next week or next year and no one else does. How come there are careers made from predicting the markets or come up with reasons why the government is doing it all wrong. Because there are enough people willing to listen to the predictors. I listen but do not base my trading on what they predict.
Stick to a trading plan for all investing. I like the seasonal trade from the book Stock Trader's Almanac and the web site Sumgrowth.com. I stopped using The Timing Cube because it trades to much causing issues with the wash rule.
Will we get a pull back in the markets? Don't know but I will sell my positions when my trading plans says too and not before.
Happy Trading
Stick to a trading plan for all investing. I like the seasonal trade from the book Stock Trader's Almanac and the web site Sumgrowth.com. I stopped using The Timing Cube because it trades to much causing issues with the wash rule.
Will we get a pull back in the markets? Don't know but I will sell my positions when my trading plans says too and not before.
Happy Trading
Monday, March 18, 2013
I like this up trend
An update on the Sector Surfer investments and they are working. The trade frequency is only end of the month if there is a trade. I have a number of portfolios with different ETFs and that is how I diversify. Multiple portfolios that put you in one ETF at a time each. I have five trades and four sold with gains and the loss was small.
I will be watching the seasonal exit out of stocks after and into bonds. After April first look for the SPX MACD negative signal.
Happy investing
I will be watching the seasonal exit out of stocks after and into bonds. After April first look for the SPX MACD negative signal.
Happy investing
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