Professor’s Comments Update 2/12/16

Posted by OMS  at February 12th, 2016

I’m starting to manage money in the scalp trades of GPOR and SLB I talked about this morning.

Remember, with the Dow up over 225 points, the odds high are that it will not go straight up. ‘C’ waves never do.

And with the markets being closed on Monday for the President’s Day Holiday, I don’t want to have a lot of exposure to equities over the long weekend.

So I’m starting to take a few bucks off the table.

That’s what I’m doing,

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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