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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: taylorfife who wrote (32016)2/27/2001 8:43:13 AM
From: edamo  Read Replies (2) of 65232
 
a mclean..."good stock to have on the way back up..."

better to wait for extr to move back up and base, then believe you could catch the bottom of a high pe stock in a low pe mentality market....

good market will lift it, perhaps dramatically...
bad to sideways market will allow it to maintain its downward momentum....look at a weekly chart with momentum indicators....it is not so encouraging....

if you have discretionary cash and have a risk tolerance, and not on margin...go for it!

ed a.
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