Professor’s Comments November 5, 2013 Update

Posted by OMS  at November 5th, 2013

With the Dow down about 90 points in the early going, I want you to notice a few things:

AAPL is only off 1.65, and continues to form it’s Blade.

ED, my Christmas trade, is only off 0.06 cents, and finally China Pete, a reversal candidate that I highlighted last week, is actually up another 0.44 cents. Hmmm?

So stocks in strong patterns don’t really follow the market, they follow their individual patterns.

That’s why we always trade The SIGN. We look for stocks on the Lists, look to see if they’re in a pattern, and then trade the indicators.

TWID,

h

Not sure of the terminology we use? Check out these articles

The Hockey Stick Pattern
The Creation of Waves and Trends
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