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Pastimes : Home on the range where the buffalo roam
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To: freeus who wrote (3923)9/28/2001 11:33:01 PM
From: mishedlo  Read Replies (2) of 13815
 
Freeus my point was to not get attached to a stock or a company.

If you think they are all POS then when the times comes to sell you will be able to do so.

There are good companies. They are hard to find early.
Just because a stock doubled or trippled does that mean it is not a POS.

Look at CIEN and JNPR.
Both doubled in less than a month in April.
Were they POS.
Of course they were.

Once they stopped rising if you thought they were POS you would have sold them.

In a bear market 85% are POS.
Why not pick the 85% and short based on TA and resistance rather than pray you find the 15% that are not POS.

M
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