Quantitative easing has prevented the NASDAQ Composite from selling off more than -10%. Leading stocks disappointed in October 2010 and in January 2011. After October 2010, the strongest stocks issued pocket pivot buy points that were profitable. Since January 2011, leading stocks have been slow to issue buy points. Have the patience to wait for the right buy point. All it takes is one good stock to make all the difference in one's performance. It's all about how you handle your winners, and always cut your losers short. And never let ego get in the way. As we know, some people would rather be right than be rich.
KFNN - Chris Kacher
07 March 2011