Tuesday, August 25, 2009

K.I.I.S TERM OF TRADING

I defend the K.I.S.S. (Keep It Stupidly Simple) method, I would like to share my Cable point of view.


I agree that is too early to "guess" if Cable going up or down... it has the both chances very opened. Eventhough the HUGE spike on Friday, that can either be considered as a selling oportunity or as a buying one.

Some MA crosses maybe pointing a reverse... other don't... so... I strongly recommend: STAY AWAY OF TRADING UNTIL TUESDAY!

Let's remember xMas rally is coming soon, so maybe we should sit on our hands and wait for that precious opportunity, instead of trying to "guess" the next move on Cable.
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