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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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To: TedPunts who wrote (13926)3/28/2016 7:19:58 PM
From: PT1950  Read Replies (1) of 14340
 
Here's my thoughts.

I've found keeping things simple works much better for me. One of the few important things I'm looking before buying one of their stocks is strong signs of accumulation. BTT discussed a simple and very effective way to figure out when this is occurring in last night's report for any of you who don't know how to.

I also own the first stock discussed in their Investing Thoughts on 3/20. There was strong accumulation in it prior to being added to the list and before I bought it. It's doing quite well. The second idea is still pulling back after signs of strong accumulation. I'm watching it. The third one hasn't shown any accumulation recently so not interested in that idea right now.

Several of the recent additions to the watch list look good but since I already own the leader in one group, I'm not looking to buy the sister stocks at this time.

Cheers!
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