Tuesday, July 24, 2007

To buy or to sell that is the question.

Remember how the other day I told you that as long as you live every pullback will look like a selling opportunity. Well obviously we are in that situation right now. However look at the next chart and you can see what the outcome of taking advantage of these irrational moves has been. Both the VTO and Bollinger Band Crash trade have produced winning trade after winning trade. The odds are way more in your favor to buy this decline than to try and pick another top.