Some of you may be wondering why I am still monitoring bullish stocks when my short-term time frame has turned bearish. The reason is ultimately I don’t know which way the market is going to move and I’m fine with that, and I believe that following strong stocks is the best course of action regardless of the market enviornment.
- If the market goes up, these are the ones that are going to go up the most.
- If the market goes down, these are the ones I want to watch to see how they pullback, and then buy them because they’ll probably be the first to recover.
Click charts below to enlarge
Disclosure: No positions