Email of the day (2)
Comment of the Day

November 09 2010

Commentary by Eoin Treacy

Email of the day (2)

on money control discipline and The Chart Seminar:
"There was some really good content in Monday's Comment of the Day. I made some purchases this morning as a result!

"This year has been the most rewarding ever for me - so it's time to be particularly careful with those stops!

"The Chart Seminar in May was very helpful. People really ought to be queuing to get an entry ticket. I will attend again in a couple of years to tune my skills."

Eoin Treacy's view

My comment - Thank you for your kind words. Following such an impressive advance, the temptation is to become more bullish rather than to focus on money control discipline and stops. I agree that focusing on the latter; particularly where the instrument concerned has become radically overextended relative to a trend mean such as the 200-day MA is likely to help preserve profits.

The Chart Seminar will next be held in London on November 18th & 19th.

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