profile ymax fv September25 buy signals in December and January each produce a nifty double or almost (see comments on exiting, elsewhere on the blog). then there was a wave of buy signals that produced, thus far, the opposite of a double, and now, lots of buy signals that i think will produce another nifty double.
buy signals in 2012 - throughout - and 2013, for a nifty double (price marked at just below 3 in 2011, so, a tripple, really ... but see here, this is now an intermediate term signal we're trading the way we usually trade a short term signal, almost ... it seems we need limber minds to really play this game ... but that's why we're studying all these examples ... and then in 2014 for another nifty gain ... it's intermediate term trading, based on monthly patterns, but we're out in a month ... and buy signals right here and now, again. the short term target is a double, the intermediate term target is $4, and, is this a buy and hold play? of course it is. i mean, there's a volatility question, but my bet is it's a good company. we are building, by the way (in this hypothetical environment) a portfolio of Chinese stocks. what, you're not impressed?
actually, i'm going to say no to buy and hold on this one. the strange thing that's happening is a built in bias in our strategy towards the short term trade, not because we think it's superior but because we see so many short term signals, and our strategy is essentially to put $100 into every signal. or, in this chart, there are all these intermediate term signals ... and then i think here they kind of rule the roost, for now. if we buy and hold we'll have to hold through plenty of low price episodes, i think.
