Tactical musings, technical timing indicators and risk management strategies
Friday, February 12, 2010
Looking forward to the shortened trading week, these are the 2 day scan results of my rotation portfolio using the 6 period moving linear regression channel. I've been watching the SMH over the past few days and have consistently noted it's penchant to lead the markets up. While SMH has exhibited an intraday fade pattern for most of the week, the net effect has been higher highs and higher lows, behavior that typically accompanies a continued rise. I've been out of the trading loop most of the week due to an unexpected family matter, but plan to get back up to speed by Tuesday with updates on Project Z and the EEM Situation.