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Strategies & Market Trends : Ride the Tiger with CD
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To: 3bar who wrote (8465)5/21/2004 7:07:09 PM
From: Canuck Dave  Read Replies (2) of 312977
 
Good answer, and close to what I had in mind.

Anyway, the true test of a bull is when you buy something and it tends to goes up right after. Same with bear. You buy it and the the bid disappears and then the ask drops. A very good rule of thumb is to look at the closing day's price relative to where you bought it that day at.

It's that simple.

And we're seeing some nice buying in selected stocks after a long period of misery.

CD
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