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Strategies & Market Trends : Rande Is . . . HOME

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To: elepet who wrote (16016)11/30/1999 8:39:00 PM
From: Rande Is  Read Replies (2) of 57584
 
I still buy the dips and sell the peaks on HEAR as well. . .that is all part of being a trader. If you are looking for long-term holds only. . . then you need to be looking at larger cap stocks. . . small and mid-caps hold a far higher element of risk. . . therefore, we must babysit them and trade in and out of them as they fluctuate. There are rounds of accumulation when the price keeps rising, then there are rounds of consolidation when the stock tries to find its support levels. . . .the idea is still to buy the lows and sell the highs.

I do realize that that idea is far easier said than done. It is a bit like "less is more". . . a difficult lesson for anyone creative to learn. The simple idea of buying low and selling high can be the most difficult lesson for any trader to learn.

Rande Is
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