I have no idea what you are looking at or how you are trading.
Looking at a universe of about 20-25 stocks, mainly tech, companies whose products I understand well. I use FA and I prefer to try to buy good companies rebounding from a poor quarter or two (value, i guess).
I promised I wouldn't mention the book I like again...and I won't.
That ok. I probably wouldn't read it anyway.:)
It's amusing to me to see a post asking if we might get down to 39 again. If you had been here in January, you would know what I mean...
I was here in January, but I have to admit I didn't follow the thread as closely as I do now, which still isn't as close as a lot of guys and gals. If I remember, the first few weeks of January I was busy averaging down, trying to get my break even to a reasonable number. Did eventually get it down to about 37; its been very painful at times.
I can't do price and time predictions.
Nor can anyone I've ever meant. To be honest, if you looked back at some of my posts, I've generally give some of the TA guys a hard time. However, recently some of these guys have made some pretty damn good calls, and I've come to respect them, you being one. So when I ask for a prediction, its really just an opinion I'm looking for, and since I have neither the time nor desire to read about and learn TA, I generally ask those whose opinion I've come to trust. I fully understand you (and others) will sometimes be right, and sometimes not. I simply try to take all available info and come up with a buy/sell decision. But don't think I would ever take your posting here, or anyone elses, and simply buy or sell a stock.
Actually, I probably would have done better on some of my plays if I had done just that. Tantamount to throwing darts, don't you think. :)
But seriuosly, Pete, hopefully I didn't offend you by asking your opinion, if so I apologize. Now lets make some money :)
Gary |
