Wednesday, April 10, 2013

General Market Direction

I've been tracking 3500+ stocks's %B movement for over 3 years now.
(first learn from HGSI's Ian Woodward).

It has proving to be the most accurate general market indictor than all subscription I have.

But the last 2 weeks, it has been quite difficult.

Although the market continue move up, %B still showing neutral with negative bias.

Which means, someone is manipulate index, make it all time high while individual stocks are not
as rosy as it seems.

What do I do?

1. Narrow trade size from $15K to to $5K per trade
2. Be more selective

Patiently learn the arts of trading...

Cheers,

Hsin

No comments:

Post a Comment