In This Issue:
In search of the magic market mix
Cup of chart patterns with an ounce fundamentals?
Not being late for the gravy train
Exit signs – Knowing what to look for and when...
Get Zanger's list of Ten Key Stock Considerations free.
Suggested Reading – Useful Resources
To stay tuned to the latest chart and market updates, please check our website version of this newsletter at http://tradesystemguru.com/content/blogcategory/54/88/
Quote of the Month:
'Economic history is a never-ending series of episodes based on falsehoods and lies, not truths. It represents the path to big money. The object is to recognize the trend whose premise is false, ride that trend, and step off before it is discredited.' - George Soros
(Readers may recognize that this quote is not new - it's is one of my favorites and one that I repeat to myself before trading.)
In search of the magic market recipe
When stock prices have been rising and the economy is healthy, it is easy to become complacent. In a strong bull market, all you really have to do is buy to make money. Traders hunt for stocks that have the best momentum plays. Fundamental investors look for stocks that represent the best value based on the assumption that the market is rational and that money gravitates to stocks that have the best revenues and earnings.