GOOG

In previous posts about GOOG, I've been able to reverse price action in GOOG simply by posting its chart and commenting on its trend.  Shall we dance?

GOOG Daily Trend Model

GOOG Weekly Trend Model

Comment:

Won't you look down upon me, Jesus
You've got to help me make a stand
You've just got to see me through another day
My body's aching and my time is at hand
And I won't make it any other way

A

Basket of Income

Here is a summary of the Basket of Income Stocks that I sent out to the email list on April 3rd.  As you can see, in addition to the approximately 1% per month in dividends, the basket is up an additional 3.25% in less then one month.

I put a hypothetical $3,000 into each of these ten stocks at the open on April 5, 2010.  These stocks are all using a low-volatility ATR stop, about half the volatility I use as a default on the other stocks.  That has resulted in a more stable trading environment, much fewer trades over the course of the year, albeit at the cost of some additional price slippage on entries and exits.  I am also using only Weekly charts, which in and of itself reduces trading.  So far, this "more patience, less trading" approach has been niecly profitable and a very easy model to manage.

Will this technique ultimately migrate into the entire trend following model? 

Maybe.


A