The Morning Meeting

  Quotes Lessons, thoughts of the week & other snipets Cut your loss, run with your profit works, but only if you’re patient and disciplined enough. Below is an interesting example (Arbonia Foster), whereby after first leg of rebound, stock went into consolidation mode. It took six month of range bound and numerous tests of investors’ resolve, to finally break out on the upside on the confirmation that the transformation efforts of the company finally paid off. Here the use of moving averages once again proved to be extremely useful. Indeed, the trend is your friend… until it stops or something gets in the way (Newton's first law of motion). Thus, when the trend is in place, buy the dips What goes up does not have necessarily to go down Bullish trends = higher highs, higher lows In the long run, the odds favour the bulls Sometime it does not pay to be smart You need more than IQ to be successful There are 3 types of intelligence: IQ (intellect), EQ (emotional intelligence) and ...