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In the summer of 2009 North of the Blue began archiving its Newsletters so that users of our system could look back and review our Buy-Watch stocks as well as our analysis of the market at different times. Memory is never as good as contemporaneous notes.
As time goes by we hope that you will review our Buy-Watch stocks and use our system to see how they have done. Pay particular attention to the times at which prices fell and it was prudent to sell the investments. Notice how they coincide with the sell triggers embodied in our three simple rules. Also look carefully at how our rules continued to provide buy signals that were clear and unequivocal.
While not critical to buy and sell decisions our Support and Resistance lines mark the occurrence of major events in the life cycle of a stock. More often than not a major event occurs at these lines. If the stock is going down it will do so even faster. If it is going to rebound it usually does so within a pixel's width to these lines. Not accidental. We draw these lines when specific events occur and we draw them INTO the future. Once started they continue on as future markers of events to come.
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