Monday, November 12, 2012

Waiting and watching...

nothing done today....Model 10 still 20% long and 80% cash....suspect next move is still lower in mkt indicees...have many names on radar as a buy when price objectives are met....still a decent amount of charts that look like better short opportunity charts are out there as well....Think next few weeks could be choppy, usually the case when I see many long/short mixed chart opportunities...just means stock picking will be important since big up and down swings in indicees appear to be on the docket....as always let the charts be your guide....and when times like know when mkt looks in limbo and there is no technical edge...wait and watch and then Pounce! 

No comments:

Post a Comment