Friday, December 27, 2013

just charts: MBT/Metropolitan Bank and Trust Company (27 dec 2013)

mbt chart as of 27 dec 2013 
(click on the chart to enlarge)


1. mbt closes 2013 @75.55 .... just a bit below its current resistance @75.70 ...

2. the macd histogram is still rising ... same with the sts ... which is also still within the trading zone ...

3. im just continuing to hold ... possibly adding a few more mbt's if the price closes above 75.70 in the coming days  ...

for an explanation of the indicators ... click: here 
for reference .. you may also want to read: my trading rules

p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose

Tuesday, December 24, 2013

just charts: AGI/Alliance Global Group, Inc. (24 dec 2013)

agi chart as of 23 dec 2013 
(click on the chart to enlarge)


what i read today: Ignore market predictions, react instead (24 dec 2015)

What works best for most investors is to not be predictive at all. Instead, be reactive, at least with your nest-egg money.
I work with a few other money managers who use this scary thing called "math" to help follow the trends of the markets. What the best quantitative tactical-asset managers have been able to do for my clients is, in fact, ride the markets most of the way up, while ducking away from most of the downside in corrections. They're not perfect of course, but they tend to beat both mutual fund managers and the passive indexes.