The Spider Strategy (asmae)

The fact is that, although there are many small losers in the markets, there are also a small number of verylarge winners! You can pick tops and bottoms. But to do so successfully, you must follow what is called THE SPIDER STRATEGY. The spider does not need to "feed" everyday. He is content to wait until amorsel comes his way, patient and secure in the knowledge that he has taken the steps necessary for his survival.His carefully crafted web transmits to him all sorts of information. But he knows how to identify the false signals~ the wind vibrating his web, a drop of rain~ from the real thing enmeshed in it. Why does he know it so intimately? Because he has carefully constructed his web himself. No one else can build it for him. As a result, the configuration of his web is as uniquely his as his fingerprints. Most important, the spider is patient. He waits until he sees a convergence of most all of his indicators before he acts; but when he does, he pounces aggressively and without hesitation.If you follow this strategy, you will use, among thers, those indicators which tell you when a market is "overbought" and vulnerable to a decline, or conversely when it is "oversold" and ripe for a move up. These are the so-called "oscillators"~ the indicators that oscillate back and forth, like a electrocardiogram from the top and the bottom of a predefined range.