>Trading doesn't get any easier than this: NO BRAINER<
Actually, there is only one NO BRAINER play in the market, and being as the New Year approaches, I guess there's no harm in posting it now.
At some point next weekend, obtain a Wall Street Journal or a N.Y. Times dated December 31, 1999. Turn to the financial pages, and find the largest one year percentage gainer. When the market opens on Monday the third, switch your entire portfolio into this stock. Hold for one year and repeat.
There is a variation on this play, which is still a NO BRAINER. In this case one checks the December 31, 1998 paper for the largest one year gainer and then travels back in time to January 2, 1998 and buys. You can of course take your profits next Monday. The pay off is quicker, but many feel that it robs them of the fun of watching their stock rise throughout the year.
Try it...it's a NO BRAINER.
Jay
P.S. This is not to say that you won't probably see SWS hitting in the neighborhood of 20, but it did take brains to see that 16 support on the chart. (nice gain, nice pick) |
