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Novo Nordisk A/S Message Board

  • carolyn_novice carolyn_novice Feb 13, 2013 10:35 AM Flag

    Seven Pillars for Success NVO @ 169.50

    There are SEVEN PILLARS OF STOCK MARKET PRACTICE necessary for success.
    1. Determine whether the market is in a "bear" or "bull" trend.
    Then determine further whether it is a major, intermediate, or minor trend.
    TRADE WITH THE TREND!

    2. Determine which groups of stocks are the strongest.
    TRADE IN STRONG GROUPS FOR ADVANCE! TRADE IN WEAK GROUPS FOR DECLINE!

    3. Select the strongest stocks in these particular groups.
    TRADE IN STRONG STOCKS FOR ADVANCE! TRADE IN WEAK STOCKS FOR DECLINE!

    4. BUY ONLY ON REACTIONS-not on advances!
    SELL AND SHORT ONLY ON ADVANCES-not on declines!

    5. Place a mental or (if you do not watch the tape) actual stop-loss order of two or three points on your trades.
    BE AT ALL TIMES PROTECTED AGAINST POSSIBLE LOSSES!
    CLOSE OUT WHEN TRADE GOES AGAINST YOU.

    6. Protect your profits by stop-loss orders. Let your profits grow when you see your stocks advancing.
    HOLD OUT FOR LARGER PROFITS!

    7. Do not hesitate to take your profits; you may be able to re-buy the same stock at lower prices.
    SELL WHEN YOU THINK THE MARKET IS DUE FOR A REACTION!
    SELL AT THE TOP * * * NOT AT THE BOTTOM
    BUY AT THE BOTTOM NOT AT THE TOP

    Options expire this Friday, February 15, 2013. Ability for any stocks to “MOVE ON LOW VOLUME” should be revalued. NVO is moving up on Low Volume, and Down Volume needs to be reviewed.

    Last two days was technical bounce, or change of trend, that is what needs to be reviewed, unless there are big bids this stock may be ready to tickle down.

    THE SEVEN PILLARS OF STOCK MARKET SUCCESS

    Wisdom of George Seaman

    Sincerely,

    Carolyn Novice

    Sentiment: Strong Sell

 
NVO
55.44-0.61(-1.09%)May 27 4:02 PMEDT