Crunching the Numbers with Richard Suttmeier: Earnings & Where to Buy & Where to Sell
Value Levels, Pivots and Risky Levels are calculated based upon the last nine weekly closes (W), nine monthly closes (M), nine quarterly closes (Q), nine semiannual closes (S) and nine annual closes (A). I have one column for pivots, which is a magnet for the period shown. The columns to the left of the pivots are first and second value levels. The columns to the right of the pivots are first and second risky levels.
Investors who wish to buy a stock should use a good-until-canceled GTC limit order to buy weakness to a value level. Investors who want to sell a stock should use a GTC limit order to sell strength to a risky level.>>Read More: Geithner's Most Candid Crisis Moments as Told to Jim Cramer >>Read More: Gannett Turns the Page and Continues the Transformation At the time of publication, the author held no positions in any of the funds mentioned. Follow @Suttmeier This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff