Expose yourself to quality setups and you can make money in any market. Be early to locate relative strength, then exit when things get heated. Shorts are also okay. Find weak stocks and position yourself for continuation.
J.C. Parets is the Founder & President of Eagle Bay Capital, LLC. and the Senior Editor of Allstarcharts.com. He Earned the Chartered Market Technician designation (CMT) and is a member of the Market Technicians Association.
Entrepreneur and former fund manager, now active independent trader, trading mostly the US equity market via stocks, ETFs and options, following closely the syndicate calendar for IPOs and secondary deals. Active in markets for more than 15 years.
I am breaking all the diversification rules right now by keeping almost 90% of my money in AIG. I used to hold ARR or AGNC, but I have switched to AIG in Sept 2012.
Portfolio contents at 12/31/2013
AIG (92%) BAC(4%) BRK.B(2%), AGNC (2%) ARR(1.5%)
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