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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Lee Lichterman III who wrote (22565)10/25/2001 5:03:54 PM
From: Stephen  Read Replies (1) of 52237
 
Lee, <Very good points but I will have no part of it. If no one can learn from the last couple years, then they are more dumb than I thought and I choose my associates carefully. -g->

Whilst I understand the sentiment, from an investment standpoint things will never look good for a company and the stock price be cheap - look at some of the big percentage gainers in the last year ... most are turnarounds. I find that if a target price for a stock gets hit ... the fundamentals have usually changed to the extent I usually won't buy it.... your SFA is a classic example. There are no gifts in this market as you know. I guess that's why people use TA. From a trading perspective, I find the trick is to close ones eye's, hold the nose with one hand whilst pressing the 'buy' button with the other. Course ... this method will no longer work for Paul ....

By the by ... and fwiw ... I have heard that senior people in the business have decided the bottom is in.

Good luck too ... especially so if you go a' hunting !!.

Regards

Stephen
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