Thursday, February 11, 2016

The fisherman and the sea

The smart fisherman (investor) would not venture out (buy stocks) to the stormy sea (the risky market) according to the weather forecast (technical indicator). He is spending his time in mending his nets (testing his strategies) until the weather forecast (technical indicator) tells him to return.

Recently I evaluated 10 stocks. The best return is GPRO about 10% up in two or three weeks but the rest are losers. I prefer to rise with the tide.

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