MARKET APPROACHING STRONG SUPPORT ZONE, REMEMBER “BUY LOW SELL HIGH” $DIA $GLD $QQQ $SLV $SPY $TBF $TBT $USO
This post was just published on ZYX Buy Change Alert.
The market is approaching a strong support zone in S&P 500; 1835 to 1865. Futures have just traded to 1878.
The biggest mistake investors make is that they buy high and sell low. It is worth remember that the key to making money is buy low sell high.
What To Do Now?
Consider buying near the low end of buy zones of your favorite positions subject to the limitations of keeping 25 to 45% cash or 40% hedged.
In our hedging program, 40% of the portfolio is hedged.
Just a reminder, if a stock or ETF goes below the low band of the buy zone, it is no longer without a new post.… Please click here or the title below to read more.
January 13, 2016