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Strategies & Market Trends : ahhaha's ahs
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To: frankw1900 who wrote (4271)4/23/2002 8:30:07 PM
From: ahhahaRead Replies (1) of 24758
 
I only said the optical plays have put in major bottoms. That doesn't mean one buys them now. Let's say you buy at the bottom and the stock sits in a base for a long time. You don't lose any money, but neither do you make much.

An investment story must be developing. One has to already have the concept well studied when a given stock's story starts developing. That way you're prepared psychologically to enter on a break out.

Identifying a bottom only has that value. Selling at a major top or buying at a major bottom are two poor ways to try to succeed. Doing so ends up costing more than it gains.
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