Quick update for those stocks you mentioned and some istocks;
VLV $4.85
CTQ .80 down 6
ESX .36 down 4
GTR 3.85 down 5 up tick
MCF 5.90 down 15
BII 12.85 unchanged
SKG 24.5 unchanged hi .25 low .24 look at low bid 467 lots ask .25 143 lots.
You see ESZ down she went to .36 again,CTQ down she went again, to .80 luckily VLV up tick.
SKG for sure .24 is the bottom, I see today close .25 or above .25, she is really hot as of today close, tomorrow watch out she will take off by breaking out that .25 and heading for .33 watch volume significantly increaseded, in the 5 million shares etc.
Now let go on to to the right topics.
I seem to grab your idea of investing concept or buy low concept.
But I don't like it at all.
For example, gold sector was low and it keep going lower, your way of 3-5 years of invetment can not pan out this one.
I don't this Dow bull is 6 year bull, Dow was bull since 1985. Go figure.
Your concept is buy at low when a sector appears but this is a very conservative method, and you are hoping that this sector eventually will warm up and heading higher by waiting 3-5 years.
This is called old method of investing-conservative, old lady type, you know old lady who bought some shares of stocks and she pput these stocks under her matress and hope some 3-5 years these stocks will make her fortune.
My approach is aggressive, when trade when your are sure, and trade aggressively, and make money every trade. This requires some system, some intelligence and lots of experience. This is professional or god give talent.
I bet no many people can do that.
I hope I expain clearly both conservative method and aggressive method to you.
In sense, implement whatever god give you the talent and deal with it.
And Good luck to you in any way.
John Paquet |