It's been a long time since we've actually defined high-potential bases and breakouts. This new installment does that, using a few examples from those listed as buy candidates in the last Advisory Letter. There are bases, then there are tight, very low-risk bases which, even though they by no means always reach the 20% sell level, are usually profitable and only rarely cause losses - small at that.
As usual, the Let's trade section covers the Nasdaq Count (short-term trading tool) and the latest entry patterns/points. And the discussion of hedge-fund manager quotes from the third Wizards book of interviews, in light of N.B. trading, continues.
This is straight talk on high-level, technical trading, using the cream of the Nasdaq. The site is non-commercial. Join us.
New Breed of Stock Trader