Focus your mind, manage emotions, go with the flow.
Monday, December 01, 2008
Momentum signals
The following four posts detail a momo signal trade for me. Start at the 4th post and work your way back to this post to see the real time progression.
Take the $3.50 run in SKF and trade it short now.
S&P and QQQQ show the market weakness momo is slowing.This is my indication to play the probability of shorting SKF.
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