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Strategies & Market Trends : Investor's Business Daily

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To: Mr. BSL who wrote (60)8/17/2000 9:04:25 PM
From: Investor2  Read Replies (2) of 164
 
Hi Mr. BSL. From your post, I assume that Mr. O'Neil's method calls for avoiding stocks cheaper than $15 per share. Is that correct?

Also, isn't one of the rules to invest only when the trend of the overall market is favorable? Thus, if it's a bear market, or if the market is in a corrective mode, one shouldn't invest in stocks even if there is a cup and handle pattern. Is that correct?

Best wishes,

I2
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