When I began investing years ago, I followed a number of different general market indicators. During the Bubble Era of the ‘Nineties, I narrowed my long-term indicators down to two. Since then, I have never seen the need to alter that. In this post, we will look at one of them — breadth. When stocks …
Creating the Watch List
In the old days prior to the advent of screening software, chartists subscribed to a weekly chart service in the form of a printed book. The chartist would manually examine each chart one by one in order to create a watch list. While time-consuming, this one-at-a-time method is still used to create the Marder Watch …
Money management: One man’s approach
For short-term traders (intraday and swing, not position traders) Those who claim that “it is not about percent of winning trades, it is about how much you make when you are right” conveniently omit any discussion of “profit factor” (gross profits divided by gross losses). The purpose of this post is twofold, first to reveal …
Charts of big winners: CSCO in 1990
It is valuable to go back and look at charts of big winners before they made their big moves. My experience with CSCO in ’90 is perhaps the most valuable lesson I have ever received from a stock. My hope is that you can learn one or two small things from this.