Wednesday, November 28, 2007


What a day! This is why I like double bottoms, sometimes you experience explosive moves. There are many reasons why we rallied today, but is the rally for real? Not sure, but it certainly feels right. My swing account is 100% long, and has been for a few days (AAPL & GOOG). Two stocks? But, wait Cajun you are not diversified.

"Wide diversification is only required when investors do not understand what they are doing."- Warren Buffett

More updates late tonight, including the much anticipated crossover system.....

1 comment:

Dinosaur Trader said...

William O'Neill also isn't a big fan of diversification. He says 5 stocks is good.