Tuesday, October 25, 2011

What to Do

My 2 cents:

1. Keep a 50-50 portfolio. Half in 'Forever' stocks, going  'REALLY' Long.
    Will later comment on whether Gold iShares fit in here.

2. The other half to Trade over a monthly period.

3. The Other Half needs the following steps:

     ASSURE YOURSELF OF A ROCK SOLID FOOTING,
     this way even if the stocks dip they rise back up
  1.   Filter the stocks using the Stock screener (finviz.com) -- include analyst rating
  2.   Check individual growth and health on morningstar.com
  3.   Check Trefis.com for estimates
     GET THE MARKET PULSE
  1.   Check the Put/Call ratio to get the pulse of the Options market on the stock tick
  2.   Do check the 52 week-low stocks either on finviz.com or stokpickr.com
  3.   Check news for new brokered deals, this is as simple as signing for news on the stock
      tick    (investopedia/ stockpickr) does a good job.
     GET MACRO INDICATORS

     1.   Check the value of Gold and Oil, Gold is still a safe haven.
     2.   Larger news like Europe debt issues, home mortgage and such

A SIMPLE THREE-PRONGED STRATEGY -  RPM
Rock Pulse Macro strategy.

This covers What and How, next Post is
THER OTHER HALF: WHEN TO GET IN and WHEN TO GET OUT
    

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