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Message: All Allan — Today

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All Allan — Today

posted on Dec 11, 08 04:58AM

Taken from Allan's blog today. His first "Triangle" reference is to the market in general; the second is to NNVC in particular:

Our mechanical trend following system a/k/a Trade Triangles flipped to a Buy on Monday, after being on a very profitable Sell since early September. The Daily NNVC system still clings to it's recent Buy from some 30% lower.

Make no mistake about this one, I DO NOT trade in and out of NNVC. When this one hits, it will be unforgiving to anyone not yet in and that is not a risk I am willing to take. Until further notice, buy on Buys and hold on Sells.

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