Handle123
Registered: Aug 2007
Posts: 1037 |
08-27-12 04:27 PM
Not neccesary indicators as just general market knowledge that certain days of the month, stock tends to be up days cause of Mutual Funds, last 2 days of the month and first 4 days I believe. Also, day before and after holidays. Of course, real bad news, best to buy as many puts as you can before the exchanges are shut down.
Of course there are indicators based on fundamental data, number of quarters of profit, earnings, debt ratios.
But as I recall some 3 decades ago, I had always tried to make trading harder than it was thinking the "big boys" had some real complicated ideas on how to trade and I just had to outsmart them, wasted years.
I think stocks overall are pretty easy to trade longer term, if the New Highs are not increasing, then stock market not as well. I watch New highs/lows once a week as great indicator for overall market.
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