Divot's Market Debrief
This blog mirrors some of my posts from AbjectAvarice.com.
You can find additional commentary there, my stock picks, as well as a real time tracker of my stock and TSP portfolio, a history of all my closed trades, and some more detailed information on my bio and approach to investing.
If you like my writing, please rate the blog entry so I'll know how I'm doing.
My trading perspective is to view the markets as a risk management problem. I seek to control my risk/reward profile by using indicators of supply and demand for first the broad indexes, then specific sectors within the overall market. These indicators determine the my strategy, game plan, and extent of stock market participation. Depending on the level and trend of these indicators, I may chose either a bullish or bearish strategy of varying degrees of aggressiveness. I am a trend follower, not a day trader. I believe this is a deliberate approach to managing serious money for consistent returns in all types of markets.
The primary instruments I use are:
* Point and Figure Bullish Percents
* Market breadth trends