As an example of how I am going about this bubble, my main risk management tool is to make sure I am routinely taking profits in the ones that boom and replanting in the ones that are in setups. For instance, I highlighted Boston Scientific (BSX) for NFTRH+ due to its decline to a weekly moving average that had supported it for the last few … Continue reading Plan in Action, BSX Edition
Me neither. Boston Scientific (BSX) was a very successful NFTRH+ long idea nearly a year ago (w/ updates along the way). Today? Not so much (indeed, I gave it a shot on the short side). It reached and exceeded our original target of 23 and has since rolled over a bit and has been locked below the 50 day moving averages (EMA and SMA). It … Continue reading Do You Think This is a Nice Chart?