Wednesday, August 19, 2015

8/19/15 Judgement day has been extended

Judgement day has been extended.  Note how symmetrical the triangle is.  I have to believe this is due to Fibonacci traders.  Who else is dumb enough to be playing in this market.

DVY never broke out of its wedge in either direction.  Investors in dividend stocks are stable long term investors.  Buying on the dip when DVY went below its 50 day moving average has been a winner for years.  Note how DVY is squeezed between its 50 and 200 day moving average.  Doesn't anyone have any conviction?

5 yeas - Ben's secret for getting in

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