It is the weekend, so its time to boggle your minds with unique strategies and rules…
Whatever type of trading and analysis you take part in, they all require some sort of rules based on prior history and past events. Ultimately these rules will help you make judgements needed for future price evaluation.
An interesting rule I just learned of is the ’52 Week High Friday Rule’. The name sounds stupid, but the rule is pretty powerful.
Adam Hewison has put together a nice little video that details a little more about this rule and how to learn it.
Check out video – 52 Week High Friday Rule
More on this topic
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52 Week High and 52 Week Low
(Investing School, 8/25/10)
JCPenney Falls to 52-Week Low on Weak Guidance
(Blogging Stocks, 8/13/10)
Ten-year Treasury Yield Hits 52-week Low
(GreenLightAdvisor Views, 6/24/10)