Larry Connors Link Fest

Larry Connors needs no introduction. The CEO and Co-founder of TradingMarkets.com. And the co-author of the ever popular Raschke book, Street Smarts. I noticed Connors has setup a blog here. He mentioned he wrote a Connors Weekly Battle Plan that I have clearly missed in my Internet readings for the past 3 years. Luckily, the articles are still available here. So, check em' out while you can...

Connors performs an interesting test on buy and hold, buying everyday on the open and selling on the close (no overnight risk), and buying everyday on the close and selling on the next morning's open (only overnight risk). The results? Never forget we get paid by taking risk...not by avoiding it. Read here.

The Month-End Effect. I've tested this system idea before. I believe the recent tests are aimed towards the small-cap & micro-cap market. Basically buying at the end of the month and selling at the beginning to capture the big boys in action. Theory is that hedge funds now report their performance numbers every month instead of every quarter. Connors gives a good breakdown of his tests on this idea here.

Excellent piece on NOT buying breakouts. I have to admit, several of my long-term system setups are breakouts to new highs. Buying breakouts does work...but don't be afraid to explore the dark side...buying breakdowns. Read Part I and Part II. Also read the follow-ups here, here, and here.

Interesting little edges shared. Fans of the consecutive closing highs will enjoy this little tidbit. Read here and scroll to bottom where it discusses Finding the Best Opportunities In a Declining Market.

Great post on what happens when you buy what the general public believes. Believers in the 200 dma may want to read a bit of this article. Also gives away an interesting system idea. Read here.

Fantastic interview with the great Nelson Freeburg. Nelson challenges the view that money management is the vital ingredient to success. Entry and Exit are the key. And I tend to agree. Read Part I and Part II.

This piece is for the discretionary traders out there. Insight into how buying panics are created and the possible ways to take advantage of them. Read here.

Later Trades,

MT