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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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To: PT1950 who wrote (14163)1/30/2018 3:50:50 PM
From: Joe Highlander  Read Replies (1) of 14340
 
Hi, PT, good to see you.

I subscribed in May 2007, just as market was about to tank. Most of the stocks listed at the time were energy stocks, Exploration and Production companies; they were finding new deposits and new ways of getting oil and gas out. If you joined then, you probably came out with the usual stop loss on your first two buys. Then the service kept you out till early march 2009. In the meanwhile they came up with a very short term trading strategy and told you not to get involved in this unless you had success in this sort of thing in past. If you ignored this short term non sense, you would save yourself lot of money. The first stock listed in early march 2009 was BIDU, went up tenfold. Second week came Apple, Monsanto and a giant oil company; Apple went up fivefold and was very easy to hold, did not violet 50 DMA throughout its run. The other two failed. Knowing you, you would have done very well. Then there were many listed, some good, some bad, some indifferent. Our friends here and elsewhere became very wealthy by riding BIDU and Apple.

Early retirement did lose its charm after couple of years; wife wanted me out of house, I just smiled and she gave up after trying every trick she could think of to get me working again. But overall I am glad I did leave early; enjoyed grand kids, walking in in wilderness and cooking.

Best Regards.
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