Being in the market at all times is not the key to profits. Being in the market when there is a clear, unconfused technical signal during a strong market, and the trader's judgment is not swayed by emotion, is a method for trading success. No matter how good the fundamentals and technicals are, stocks will have a high risk of failure during weak markets.
Friday, June 1, 2012
After May Swoon, Look for Bounce in June…And Sell Into It: Roberts
"Generally after big sell-off you get one good bounce, another sell-off and that's where you're going to find your buying opportunity, most likely sometime between August and September," he says.
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