IT TAKES A ROCKET SCIENTIST!
(Copyright ©  2005, by Eric D. Wish.  All rights reserved.)
“There is no magic about buy signals. They are only devices by which we call our attention to stocks that have already begun to attract the attention of others.”
Burton Crane, The Sophisticated Investor, 1964, p. 49
Can you believe this?  The day after [...]

“Jim Rogers: Bob, there’s no question we’ve had a big pounding in the market in the last two weeks. So we may be due for a rally. But the market is going to be down this year and it’s going to be worse next year. We had huge amounts of money spent in 2003 and [...]

Tonight was Investor’s Business Daily Meetup Group night.  Investors all over the world who are interested in IBD trading strategies can meet on the last Wednesday of each month to share their insights on investing and trading.  Tonight, about nine of us met at a local restaurant.  There is a core group of regulars with [...]

This market just makes you want to scream, doesn’t it?  Now you know why I stay out of sick markets and sold my MHS days ago.  Here is a stock that broke to a new all-time high at the end of March and held up for a few weeks.  It seemed like a good [...]

WishingWealth 10 day successful new high index:  4/25  20; 4/22 19;  4/21   28;  4/20   12
Range since March, 2005:   8-106 (This index counts the number of stocks, of 4,000, that hit a 52 week high 10 days ago and closed today greater than they did 10 days ago.)  With only 20/4000 stocks hitting new highs  [...]

“Want to know how to make a small fortune in the stock market?
Start with a large fortune!”
I thought you would probably want me to back off of the strategy discussion (see yesterday’s post) and to return to my take on the market.  A number of people have written to me about going short.  This interest, [...]

“it is utterly useless for us on the outside, who buy and sell comparatively small blocks of stock, to conjecture about what “they” are doing.  We cannot know what the insiders intend to do, but we can see their orders on the tape when they execute them.  That is why my plea is for everyone [...]