Isolating strong stocks when the market is weakest is a very simple idea that works. When most everything in the market is getting trashed, look for the stocks that refuse to go down. There has to be a reason for it. When the market resolves itself back to the upside, these are the names that will potentially become the strongest stocks very quickly.
First, overall breath has improved enough and there are some buy set ups showing up.
I see 50 day test across the board.
Second, remember, any significant selling here would change the picture quickly.
Third, go day by day and stay flexible and focused on your plan and execution.
No comments:
Post a Comment