Virgil: Just wanted to add (before you got a chance to view previous post): Your style seems well defined (and interesting). Do you look for UNDERVALUED stocks, that have lots of CASH, perhaps they TOOK A HIT recently, but are still LEADERS in their industry, and trade OPTIONS?
How do you screen? Or is it just a byproduct of knowing some stocks that well? Just curious. I like the idea.
When you study up on 'em for their SUPPORT, do you go to a certain site and scope out the 1 year chart?
Sorry for all the questions, . . . if it's intruding, forget it.
I just like to pick up ideas , when I can, from viewpoints that I can RELATE to.
Sounds like you pretty much have your DOWNSIDE protected, if the stock is recently downtrodden, but viable.
However, I guess the most intriguing part of a few of your stocks that I looked up , is that I easily would have MISSED THEM based on any CHART. They look to be downtrending, low RSI, and OBV in some cases.
Yet you do very well!
thanks jaytee |