The Stock Trader’s First Commandment
Traders Magazine Online News, February 15, 2017
Nicholas Colas,chief market strategist at Convergex, a global brokerage company based in New York, says that "thou shalt not short a new high” might as well be the stock trader’s first commandment. However, that doesn’t mean go along with every rally, even as one as powerful as the one we have in US stocks right now.
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