You buy a stock. It goes down, now what? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : You buy a stock. It goes down, now what?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: VincentTH who wrote (31)	7/8/1998 4:34:00 AM
From: AlienTech	Read Replies (1) of 112

Well with large caps in Indexes buying using the 1/3rd retractment will always work like with INTC. With other companies it seems buying a fixed $ amount each month seems to work. Except for the internets and few select companies, I dont know of people making money on stocks since last year. The markets up, but how many stocks are up ocmpared to their prices last year? I think the best bet is never average down until you are pretty darn sure a bottom has been reached, which might take a few months at least. Ofcourse most stocks I have watched in the last year, just when I thought a bottom was reached, it really was not the bottom. As they say, the first bad news is not really the end of the bad news. Now if a company falls due to some business execution problems which gets fixed in time rather than a fundamental change its much easier for the stock to recover. But the hard thing is figuring out if its a fundamental change or management getting caught with their pants down and is the zipper stuck.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next