I hope you will come to my first presentation at the MoneyShow tomorrow at 1:40 PM. Please invite all people you know who may benefit. I will talk for 30 minutes about GLBs and my upcoming course with Richard Moglen of TraderLion. You will be able to reserve a seat for yourself for the future course, with no obligation. So many people around the world have asked me to be able to take my class and here is your chance…..
I am amazed at how many GLBs are occurring and how often they are successful. Here are the four I recently wrote about. Look how they are moving. The nice thing about my GLB strategy is that there is a defined entry and exit. If a stock closes back below its green line I will sell immediately. If it closes back above it I might buy it back. Arrows in these charts show the GLB and the high volume at the breakout. Unusually high volume is a good sign that the breakout may succeed. I want to stress that GLBs work best when the GMI is GREEN. In other words, in an up-trending market with many stocks reaching new highs. If you won’t buy a stock at an ATH, then you do not want to ride a rocket to the moon!
