Can you beat 50% per month? Message Board

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Strategies & Market Trends : Can you beat 50% per month?

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To: Smiling Bob who wrote (11747)	9/11/2007 7:27:38 PM
From: NucTrader	Read Replies (1) of 19256

>>All that was glorious today will be putrid tomorrow.<< Not necessarily. But I will say this: when da BOYZ give me a chance to go long QID in the 43.54 - 43.62 range, I'll take it! With 2 caveats I've learned: First, if you're wrong don't average down until QID's drop at least $1 in price from your initial purchase. Second (and BEST): don't buy until the 2d RSI is less than 10, preferably 5 or less. At 5 or less you get a great trade 95% of the time. I started reshorting today, violating my 2d RSI rule simply because the QID's filled a gap (daily) at 41.61. BWTHFDIK? I KNOW this market is a put up POS...regardless of which direction it goes, LOL!

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