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, April 21, 2005
Thank God for IBD's Big Picture
Now I can say I have to be on the lookout for breakouts in small caps. The SP600 has followed-thru as now I know what the volume is on that index. This is the time to start looking for good chart patterns breaking out in the small cap world as this index has been the leading index for a long time. SP600 is the Nasdaq of 1998-2000. It is "the" index.
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