Rande Is . . . HOME 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 : Rande Is . . . HOME

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DlphcOracl who wrote (30800)	7/30/2000 12:22:52 AM
From: Rande Is	Read Replies (2) of 57584

The day it bounces off of its "V" bottom will be one the best days in terms of percentage gain to be invested. Delphic, that is absolutely correct. Anyone with a calculator and 15 minutes to plug in potential scenarios can see what a difference it makes to get in as close as possible to the bottom. For example, lets say a stock is going to run to 10. Today it is at 3. Wednesday it is at 2. Friday afternoon it hits 1. Monday morning it gaps up to 3. . .the following Thursday it reaches $5. . .where it consolidates for a month until it finally makes a move to 10. . . . . . [before getting halted and sent to the pink sheets. . <G>] Consider how important it was to grab the stock on Friday afternoon, as opposed to Wednesday. . .today or waiting until Monday or later. Assuming you sold when it hit $10. . . .your gains would be as follows: Friday=+10X Wednesday=+5X Monday or today =+3.3X After Next Thursday=+2X Add to the this the lack of risk at $1, when compared to the risk taken when buying at $5. . .on a sudden selloff. . . and you have quite an argument for buying as low as possible. Rande Is

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next