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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Augustus Gloop who wrote (44846)1/29/2013 2:14:09 PM
From: GROUND ZERO™  Respond to of 221579
 
That's exactly my point, so I just jumped in this morning after I saw we broke above yesterday's highs... between the 28th and the 6th of every month there's a strong tendency for stocks to rally, it has to do with new fund money flowing into those funds and the fund managers putting it all into the markets, so I figured I may as well take advantage of that phenomenon, but with 1/4 the position... if we rally from here, I'll still do very well... and from the looks of it right now, provided we don't break down this afternoon, this phenomenon is working again this time...

GZ