Registered: Aug 2012
09-20-12 12:23 PM
Before I talk about my portfolios, I will talk about my goals.
My first goal is to try to respond as best as possible to what the market is doing and act appropriately. I am talking about trend-following discipline.
I determine my market posture through a careful analysis of the charts. I observe the market direction - up, down or sideways with the Gold & Silver index Philadelphia (XAU), Gold index, Silver index or other leader index where the stock acts. Acting in concert with the market direction, I increase my odds of success.
I pick stocks to buy based on a careful analysis of the historical charts. I also consider other factors, such as net cash from operating activities, volume and beta.
When I expect the market will go up, my market posture is bullish. That means, Im buying stocks and Exchange Traded Funds (ETFs). My market posture remains bullish until my "stop" is reached.
When i expect the market will go down, my market posture is bearish. That means, Im buying inverse Exchange Traded Funds (ETFs). My market posture remains bearish until my "stop" is reached.
When I don't expect anything, my market posture is neutral. That means, Im not buying.
My second goal is to explain in simple terms the reasons for my decisions.