Jump to content
Clubplanet Nightlife Community
Sign in to follow this  

Presidential Trading Strategy...

Recommended Posts

Since the market goes down every time the president speaks - and seems to recover once he is done speaking I am going to try a new strategy. This strategy is called GBSS (George Bush Stops Speaking).

Rules of entry:

If speech starts with "regrettably" short everything.

Upon the word thank you (at end of speech) initiate long on broad market index.

Initiate stop loss if he starts speaking again.

Amazing, stops speaking at 8:30 (Pacific). Lets' see what the market does now.

There's also a contrarian aspect...

if he starts the speech on an upnote...

-and the market rallies - wait for resistance, and then short.

-if the market sells off, short like CRAZY, because everyone else is thinking the same thing you are ("this guy's full of sh!t")...

Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

Sign in to follow this