April 1, 2010 Ummmm …check the calendar date gang. And if you made it this far thinking any of that was true, then please re-read the last two years of posts. Corrections: 1. I’m always cash 100% overnight. 2. I don’t buy high TICK readings or sell low TICK readings. 3. I don’t use concrete point-based stops (premise-based only). 4. If you’ve been living in a cave over the last month, the current market rhythm has been to take out the recent swing high or low by a tick or two, and then make the move. 5. It’s not luck. It never has been and never will be.
If you’re losing, try reversing into the professional (profitable) side noted above. Have a great Easter weekend. Don