Timing the Trade the Wyckoff Way Message Board

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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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From: hankinvestor	3/16/2016 4:53:14 PM
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I have not been active on the board for quite a while, but have been active with my portfolios. I sold my BTT market leader stocks back in January when they all hit my stops. I have been strengthening my positions over the 9 months in my defense/metals/slow market stocks and ETF's. I have been observing conditions in the markets and listening to a wide variety of commentators with wide views of the financial world. Not just in investing but also related to geopolitics, Austrian econmics, and financial markets. From all of that I am convinced you can find someone to agree with almost any point of view you want. My point is, don't listen to any one talking head or any number of talking heads if they all agree with each other. No one knows with any degree of certainty what any market or the world will do next. Diverse points of views can help someone decide what rings true with them. Here are some interesting observations: 1. Verizon has been rallying off a multi-year support point and is approaching an all-time high. This is evidence to me that fund mangers are being very defensive in positioning in this company. It pays a nice dividend and has grown over 20% over the last 2 months. This is a long term hold for me in my non-aggressive portfolio. It is definitely not a buy now. To me it is an indicated of what big funds are doing with at least some of their funds. 2. I purchased one of BTT's recommended ETF's 2 weeks before they mentioned. I wasn't shocked when they listed it but as I have seen the run up in the main driver of that ETF over the last 2+ months. 3. Appears to me that gold has finally put in a bottom and for now is rallying. Who knows what it will be doing 6 months for now, but now I am enjoying the profitable rally. For those interested in a risky but potentially extremely profitable ETF check out SGDJ. Nice move today. 4. Think about the non-existence interest you can earn on cash these days. Interest rates have not been this low since the depression. There is no safe place to put cash. There is no absolute standard or measure of worth. But then in a free market the value of anything is only what someone will pay to buy it. If you aren't aware of evidence look up the Tulip bulb mania a couple of centuries ago. 5. BTT method flat works. Get in when the getting is good. Let it ride as long as it continues to trend and dump them when they fall to exists. Simple and easy. I don't put all my marbles in their basket but I know that if I follow their rules exactly, it's a very profitable strategy for the funds I invest using their methdology. 6. Hoping to see the new listings to catch on fire and run up. That would cement the current up trend for a while. There are many, many potential derailments out there, but until they surface BTT is the way to get in when the getting is good. Until that happens, I am using caution in purchases. There are some of my observations. Right now I am profitable for the year and that always makes one happy. : ) Coffer, have you thought about starting a new thread for BTT? Not that I think it is necessary, but just making conversation. Happy investing.

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