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Strategies & Market Trends : Value Investing
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To: Don Earl who wrote (14607)6/11/2002 5:38:21 AM
From: Dale Baker  Read Replies (1) of 78680
 
TA is a minor factor at best on this board; I mentioned the ACN formation as an afterthought. It's certainly not my major reason for buying a few shares there.

If your focus is short-term trading, you may do very well shorting stocks mentioned here. The discussion here is about long-term value investing over months or sometimes years. Often the good prospects are currently out of favor and suffering in the bear market.

SI seems to break down pretty neatly between the traders and the investors. There is plenty of room for both.

I do have to say that unlike some posters here, I like buying stocks that are going up after already going up a lot - and I limit my bottomfishing and "falling safe" plays to tiny slices of my portfolio.

ACN is a negligible part of my overall portfolio. You are right, it would have been a good short breaking through support a few days ago.

The question for me is where it will be 2-3 months from now, or longer.
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