Equity Oracle: 10/11/2012

For weeks now I’ve been expecting a pullback in the general market, which makes it more difficult for me to find the right buying opportunity. As the broad-based indecies reach levels of resistance it’s important for us to use
contingent buy strategies to cut down on our risk exposure. The pattern we are seeing in Citigroup is a Cup & Handle pattern which is a fairly reliable buy pattern as long as you have the patience to wait for the stock to break out over the resistance point.

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About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

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