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Wednesday, December 1, 2010

The day of Green Signals

After 250 plus dow, P6 rallied and it paid a lot not to fear the markets.
Original Green lights AGI, BEL, up big time. Baby green lights, PX, HLCM.

PCOR sideways.

As a trend follower, just follow the trend and watch for danger signals.



You have to be able to think clearly and act decisively in a panic market. The markets that go wild are the ones with the best opportunity. Traditionally, what happens in a market that goes berserk is that even veteran traders will tend to stand aside. That's your opportunity to make the money. As the saying goes, "If you can keep your head about you while others are losing theirs, you can make a fortune." Mark Ritchie- Market Wizard

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