I next turned to my secondary selection of potential trades, a subset of the large caps that are highly liquid, have given bear signals and haven't been screened for their historic odds and yields.
I've selected the sports shoe company Nike Inc. (NKE) for a full analysis today as a potential bear play and will post the write-up prior to the market's closing bell.
My trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.