Ho Hum
Another consolidation day today. Nothing much to worry about. My portfolio lost .19%. No big deal. This kind of stuff will probably go on for the next couple of days. I'm just going to ride it out.
What can you learn from last weeks winners
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The secret to making money in the market is your ability to make sense of
these moves from last week.
Each of these stocks was up 20% plus last week. W...
2 weeks ago
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3 comments:
Just had to post my two cents about my week on following the ZWEIG screens. It IS supposed to be mechanical and yet I find I'm putting my own "feelings" from doing too much blog reading into my decisions. I stayed in KEX and ARO which I still held from last week. However, I did not buy any of the other RS 26 because the ZACKS rankings were not 1. Therefore, for the moment, I've missed out on what appears to be over 7% for three days. Now, had it been a 7% loss I'd have felt like a genius. I'm not. I want mechanical, positive results. I need to train myself to be MECHANICAL!!! I have a full-time + job so I can't spend a lot of time looking at charts and technicals.
:-)
Matt,
I'm there with you! No matter what "genius ideas of the week" I have, I ALWAYS get beat by the mechanical trade. It really isn't worth the effort to try and outdo what you know works. I've beat 90% of traders out there (in the last 2 years) with a no-thinking system that takes 10 minutes a week (but I still struggle sticking to the system). I guess that's just human nature or something.
sigh, Scott.
Genius I am not. I sold my KEX and ARO yesterday because I was sure they were done running.....today ARO is up another 3%! doh! KEX up another 2.75% ARGGH!. Next week...mechanical only, no more feelings!
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