What is it about rocket blast offs that you don’t understand?

Posted on Jul 02, 2011 by in Letters

Most readers (most professionals) are unaware of the four percent system.  To oversimplify, when the index (various including mainly Value Line) surges by four percent in a week, buy.  When the index drops by four percent in a week, sell.  Mechanics and engineers can see the specifics of this system in our GGU folder:  http://www.edwards-magee.com/files/ggu/systemfourpercent.pdf.  The Dow rocket just shot into space in a week that recorded over 5% gains, snapping shut the bear trap with a clang (or a ka-ching).  Does this make sense?  No.  It's just musical chairs and the Old Maid card being handed out to traders who believe their own opinions that they are going to see a bear market.  Solly, Chalie.

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