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Strategies & Market Trends : Timing the Trade the Wyckoff Way -- Ignore unavailable to you. Want to Upgrade?


To: Steve from CA who wrote (13986)6/13/2016 12:19:58 AM
From: Joe Highlander  Respond to of 14340
 
Hi, Steve, there you are. I sincerely wish you great success with that strategy. I don’t think I can go back to CANSLIM. I got frustrated with that system which led me to look around and move to T on a whisper from Mr. C.

I learned that his portfolio managers and the guru himself were doing great but not following what they preached. They often bought at bottom. They sometimes not sell on 8% fall from the purchase, explaining that they knew the company and the reason for pullback was just market weakness. All the managers discussed fundamentals of the stocks on their lists with the big man. And though discouraged may talk among themselves too. The managers did not follow same methodology either.

Some of their students have done fabulously well but not by buying the breakout from proper and beautiful bases.

Really thank you for your kind concern and sharing the information.

Best Regards.