August 30th - Trade Secrets

Get With The Program Bolling 10, 20, and 50 day moving averages. Once they are all crossed its a buy. Head and Shoulders Chart Pattern - Technical Analyssis (Charting) PG Procter & Gamble Co. is an inverted Head and Shoulders Strazzini Old Economy vs Growth Names. Know the trends. Know the earnings growth. If a stock is underperforming in a sector and it rallies intra-day, short the underperformer. Macke Following fundamental momentum. If key metrics for Sector are bad, get out. Adami Looks for double tops and bottoms - helps sets stops Example: AW Allied Waste Industries Inc. Looks for short interest on double bottoms for buying. Get With The Program Bolling Commodities – Exchange Traded Funds Fan of shorting the Dollar Use the Stop-Loss – move the stop based on volatility Strazzini Doesn’t use Stop-Loss Macke Don’t play Index Options Buy when the stocks are beaten down. Adami Don’t buy all at once and accumulate gradually. Call Options Allow the good trades to work for you and get out of the bad ones. Look at Volume Trends: High volume up day – Sell long position High volume down day – Cover short positions Stocks on Sale – 10 Year Outlook Bolling Buy “Water” Names VE Veolia Environnement SA SZE Suez PHO PowerShares Water Resources INSU Insituform Technologies Inc. Strazzini Buy AIG American International Group Inc. Macke Buy SWY Safeway Inc. Adami Buy CAT Caterpillar Inc. Guest: Dr. Simring - Psychologist What makes a good Trader: Athletes tend to make good traders. Ability to see the “whole field” Seek objective advice on a losing trade. Understand that loss is inevitable. Have a “coach” and don’t do it all yourself. Final Trade Macke Don’t trade hurt – go home Strazzini Options Players: Sell calls when stocks gaps down at the open Adami Bring the energy and do your homework Bolling Discipline Cut losers Let winners run