Ignore the market forecasts. It’s all bunk. Nobody knows where the indexes will be a year from now, or which sectors will gain interest.
Pay close attention to sector accumulation and distribution patterns, along with price action. Some sectors will fall off the map, allowing for new sectors to enter the trading radar.
Pay close attention to new breakout stocks. Some of these will turn into the new momo leaders.
Earnings season is here again. Lots of money to be made post-breakout and breakdown.
Keep an eye on developing consumer and technology trends. This is where I cultivate my longer term investments.
Write down a few important resolutions, post them on a big board in your office, look at them every day, *act* on them everyday and stick to them. I will post mine soon.
Following our 2008 resolutions will make 2008 the healthiest, happiest and most profitable year of our lives. Let’s do it!