How to play our Stock Picks


"It takes a man a long time to learn all the lessons of all of his mistakes. They say there are two sides to everything. But there is only one side to the stock market; and it is not the bull side or the bear side, but the right side. It took me longer to get that general principle fixed firmly in my mind than it did most of the more technical phases of the game of stock speculation" ----from REMINISCENCES OF A STOCK OPERATOR


 

LONG PLAY

1. - Buy and hold until you have a reasonable profit

2.- Set your stop loss 3/4 pt below the low of the day

3. - Sell half

4. - Wait until 3 buying waves have occurred

5. - Sell the rest.

6. - Count your profits

7.- Refrain from trading,unless you want to give back your profits.

8.- Wait until 10 pm for our next stock pick.

9.- Repeat the process,when our indicators point UP

 


 

SHORT PLAY

1.- Sell short at the high in the AM

2.- Set you stop 3/4 above the high

3.- Wait for profits to accumulate

4.-Close your short

5.- Count your profits

6.- Do not short again.

7.- Repeat the process the next oppty when our indicators predict Nasdaq DN


"Everything is possible in the stock market,including losing all your cash"--Daytrader.

The Stock Market will apply "extreme capitalism" on you, so beware.


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