Monkey Throw Dart: Timing a Tuesday

Tuesday, May 21, 2013

Timing a Tuesday

A speculator must concern himself with making money out of the market and not with insisting that the tape must agree with him.  Never argue with it or ask for reasons or explanations. 

 ~ Jesse Livermore


Been down so long it looks like up to me.

~Richard Farina (book title)
 


 19 Tuesdays in a row have been in the money.  Looking at the individual performance of each day of the week, buying the dip late Monday or Thursday and selling sometime Tuesday and Friday respectively makes for some quick profit.  On the other hand, buying any day and keep buying works even better.

 It works until it doesn't.

 
 BTW, I checked on MensaMonkey.  He only communicates in 1's and 0's, but apparently still firing on all cylinders.