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Weekly


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#1 CLK

CLK

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Posted 24 July 2011 - 05:27 PM

Weekly trading is easy if you are willing to trade once per quarter.
In bull markets the 2 and 4 sto. turning from oversold makes money.
In this case the 2 sto. turned before the big up week.
Occaisionally one may have to average down in a complex bottom like last spring.
Buying calls and taking profits on 90% at a double is my strategy, holding last 10%
until stopped out.
The signal has come and gone, easy money is over, nothing to do but wait for another
oversold weekly. If we get a new high with A/D divergence, then bear market rules
apply.


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