For the last four days before year 2006 ending, the market did rally a little bit, with DIA making new high again. I went out on the Friday’s morning. So this time, my rule worked again.
2006 trading days have been over, the market has gain about 14% and the year 2006 is an excellent year for myself, because finally I have established a set of my own trading rules.
I set up these rules in July 2006, and since then the market has been going up and my account has been going up too with the market, so far. My biggest concern is these rules may not work for the downtrend market. Right now I am waiting that year 2007 can gave me such a chance.
The relative strength is shown in this order:
DIA>BKX>SPY>XBD>RUT>MDY>MNX>SMH
What direction the market will go? I do not know and I do not care.
I am in the market just for money, not for proving my prediction.
