More lottery tickets… of a rare nature, these

• Post author:WHC Bassetti
• Post published:July 2, 2009
• Post category:Letters
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A most interesting line…

• Post author:WHC Bassetti
• Post published:June 29, 2009
• Post category:Letters
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The horizontal trend line (we often call them signal lines) under the present formation (878.92 on our chart -- ignore the yellow box with the 768.82 in it) is right…

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Who’s afraid of the big bad 200 day moving average?

• Post author:WHC Bassetti
• Post published:June 25, 2009
• Post category:Letters
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The simplest, and simple-mindedest, moving average system is to buy when price crosses above the moving average and sell when price falls below the moving average.  Of course in mule,…

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Erosion, like rust, never sleeps…

• Post author:WHC Bassetti
• Post published:June 23, 2009
• Post category:Letters
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We bailed on C and scaled out of most of FRE.  The ability to set a stop and honor it is what distinguishes successful investors from those people who lost…

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Signals.

• Post author:WHC Bassetti
• Post published:June 22, 2009
• Post category:Letters
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Today's action (we speculated last week there would be shooting this week, and sure enough....) is a signal to add to the short position.  In additon to our black boxes,…

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