Following The Actions of Professional Traders

You can really increase your success in the investment game by following Wall Street's savviest traders. They have an unwritten code which more often than not turns out to be quite accurate. Here are some of their suggestions:

1. If the market has already risen for five or six weeks, it is then almost always too late to make new purchases with safety - the one possible exception to this being the first month of a fresh new bull market.

2. The last trading day of each month, and the first four trading days of the subsequent month are the strongest short-term market periods. And days before holidays often also show good market strength as well.

3. Count the weeks from one significant market bottom to another, and from one significant market top to another. Strong market advances often start at intervals of from 20 to 26 weeks. And severe declines often start at the same intervals.

4. Before buying preferred stocks of blue chip companies, investors should consider that the same company's bonds may yield 1/4% to 1/2% more. This is amazing, especially since the bonds are safer, and the commissions on bonds are lower too!

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