Monday, February 7, 2011

Directionless

1. Buy Signal @ 5414. Didn't move up at all. (-18 Points)
2. Sell Signal @ 5395. Didn't fall at all. (-15 Points)
3. Buy Signal @ 5410. Whipsaw. (-12 Points)
4. Sell Signal @ 5398. Again Whipsaw. (-19 Points)
5. Buy Signal @ 5417. Went Up to 5444.50. (+27 Points)
6. Sell Signal @ 5414. Collapsed to 5370.10 . (+41 Points)
7. Buy Signal @ 5403. Position Carried Forward.

    Total Loss: -29 points.

"One way to end up with $1 million is to start with $2 million and use Fundamental analysis."