Thursday, January 14, 2016

Swing Trade: Do Nothing

The PSEI's 2016 started with China's sell off. According to Mark Cuban he will do nothing.

"While all the selling seems to be based on China and the price of oil, I really don't know what the long term implications for our stock market is," he wrote on Thursday. "So I follow the number one rule of investing. When you don't know what to do. Do nothing." 
 Since my goal is to make money on the stock market and as long as there a bounce or trend reversals showing up in technical analysis, I'll put my money on it.

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