1811 Capped Bust Half Dollar
Monday, May 15, 2017
MACD
It`s been a while since I posted but I want to post things that have an impact rather than rambling on just to be posting. In the present market making money is about scalping profits. Trends are important but it`s better if there is something else, something that stimulates a sector rather than relying on the MACD Charts. Take Oil for example, yes oil has always been known to rebound to new highs in the past when it has been down, However, today it is different. Every week there are numerous reports that come out which what seems conveniently to contradict each other. Political affects cause it to jump around on a dime with no predictable direction. It is a climate also of less dependence as we have had in the past. Choose your investments wisely. The enviornment today is a long lived bull market where profit taking can cause your investment to go down. This is why I say scalp your profits. Don`t fall in love with these as long term investments. Use the MACD Chart to ride the tops and bottoms but only with sectors that are more predictable.
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