Few people succeed in the market because they have no patience. They have a strong desire to get rich quickly.
-J.L.
March 27, 2011
I absolutely believe that price movement patterns are being repeated. They are recurring patterns that appear over and over, with slight variations. This is because markets are driven by humans - and human nature never changes.
-J.L.
-J.L.
The big money is made by the sittin' and the waitin' – not the thinking. Wait until all the factors are in your favor before making the trade."
-J.L.
-J.L.
Why wouldn't $WTW be a High Flyer?
I hadn't seen or looked at WTW until @ZorTrades mentioned it a few minutes ago. Chart looks great. With 75% of American's in the OBESE category, I would imagine all weight/fitness stocks doing well. 67.00 next buy entry on this one.
$OPEN break thru the Century Mark
Would love to see OPEN hold/base above 100 for a move higher. It's been holding above its 10/21d line since breaking out in January 2010.
$EL
EL above moving average and breaking above this descending trend line. Volume wasn't too excited but higher than the previous day. 96.00 on heavy volume would be the next buy point.
$WLT
Looking great as its back above its 50d. A couple of days to flag here under its descending trend line and it should be ready to break out of this channel. Looking to go long on a break out of this channel probably around 129-130.00
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