Big Wave Trading incorporates a Mechanical Disciplined Signal Generated System and uses a Market Model system to invest profitably in the stock and futures markets. Big Wave Trading also incorporates a strict risk management system and cuts losses immediately if a new purchase does not work in our favored direction right away.
Thursday, March 31, 2005
RVI
One of the few sectors working Retail has offered up an interesting play. I saw this last night but today's move convinced me I like RVI. March 14th move came on its highest volume in at least 3 years, then it pulled back and is now resuming its up move out of its improper cup with handle base. The base is improper because the handle has shown a lot of activity. I still like the chart on the daily.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment