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Support And Resistance Lines Don't Work!

Jul. 12, 2013 6:52 AM ETSPY
Steven Bauer profile picture
Steven Bauer's Blog
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Support and Resistance Lines Don't Work!

Yes, I read other blogs and occasionally listen to the financial media.

Well, over 90% of the time I disagree with what is written or said. My basis for agreement / disagreement is a single word "Probability."

Investing Wisely requires that the Historic -- Probability of Profit is above 90% -- NOT -- ANY LOWER ! ! !

That is why I don't Trade and only make several Formal Recommendations to my Clients times per year.

I am either Holding - Security Positions or Holding- Cash and that is why my Cash Balance is essential to Consistent Annual Profitability.

If you do not understand this part of my Methodology of Investing Wisely, please feel free to Email me.

Dr. Steve

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