HGSI DOC Top Down Review 8.03.2014

August 3, 2014Dr. Jeffrey ScottHGSI Blog, Jeffrey Scott

Greetings

What a week. Many are calling for a top as the market had been climbing its proverbial wall of worry. Then came Thursday and the market had its long anticipated shakeout. Was this the top? Is it time to go short or was it just another of the frequent shallow pullbacks. I will review the past week and discuss how I am going to handle the coming week as I demonstrate HGSI and some of my other favorite tools.

There were many doji formations on the close and many at natural support. I give many reasons for a bounce this week. What will be a bigger question is whether or not we take out prior highs or we continue in this topping process if we do get the anticipated bounce..

Jeffrey

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About the Author

Dr. Jeffrey A. Scott is a successful oncologist, serial entrepreneur, investor and HGSI Investment Software power user who leads HGSI's Webinar Series. He has been an active investor since the early 1990's. In addition to presenting to new HGSI users, Jeffrey also hosts a monthly online advanced users group. Jeffrey has used HGSI since its launch and was a user of its predecessor, Industry Monitors. He considers himself a swing trader but uses various strategies for different accounts. He also considers himself a top down investor, being influenced by market direction and group strength, perhaps more than individual stock characteristics. Following his entrepreneurial spirit, Dr. Scott left practice in 2003 and has since founded several companies in the healthcare space.

The last upgrade was literally an unbelievable surprise. When one knows how to use HGSI, there is almost nothing it can’t do that needs to be done.

Tom Watkins

I strongly urge you to view some of the step-by-step movies that Ron Brown has prepared. They are excellent in showing anyone how best to use HGSI and opening one’s eyes to a wide variety of stock market trading ideas.

Paul N. Carlin

George, Thank you very much for your insightful and friendly response. One of the reasons I appreciated your response so much is the lack of absolutes and the balance with it. I get very tired with most of the response I hear over the web that indicate absolutes…

Lu Bullock

HGSI DOC Top Down Review 8.03.2014

HGSI DOC Top Down Review 8.03.2014

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