Real Estate and Financials: Sell the Rally [View article]
Don't put your faith in TA alone. If you follow Apple as an example when its 50dma crossed the 200dma... a classic sell at ~$120 and one month later it is ~$175. The financials were beaten into the dirt as Apple due to "PANIC Selling" - In todays market if you trade on TA alone kiss your money GOODBYE!
As SKF drops it would be wise to add a little on 3% drops... Until you see a change in housing :)
Real Estate and Financials: Sell the Rally [View article]
As SKF drops it would be wise to add a little on 3% drops... Until you see a change in housing :)
HH