Luc, Re: " I prefer a stock who will climb the steps one in a time ".
Is it possible NN will please everybody on this thread? It's up today a little (0.5 points ), just like you like it, < GG>.
I am not taking any profits yet. I sold NN T O O M A N Y times PREMATURELY in the past that I've been thoroughly chastised. I am holding on to this baby this time, one step at a time,gg( as Luc would say ).In applying Bill O'Neil's principles ( from Invest Bus Daily )I am considering adding to my position on it's way up.Bill says to buy within 10% of it's breakout price, in this case I consider
27 the breakout price and 10% of that would be ~3 so that NN would be a buy until 30. Then several people say ( perhaps Bill too, I don't remember ) too add on it's way up. Many feel this is better than averaging down.I 've used both strategies in the past successfully.
But it's all in the timing.
NN may continue to go slowly higher as doubting, previous aficionados, throw the towel in and buy,
All IMO,
TA |
