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Strategies & Market Trends : Ride the Tiger with CD
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To: Cogito Ergo Sum who wrote (26803)3/12/2005 2:12:10 PM
From: tyc:>  Read Replies (2) of 313111
 
With due respect to you both, all i can see from the message you applaud is the dictum; "Don't buy on pull backs. As a system it won't work consistently". Does this imply that some different system WILL work consistently ? Where's the beef ?

Stocks prices have volatility. Selling because a stock has dropped intra-day, must surely be no better than buying for that reason. Moreover, buying because a stock has gone up, can be no better than buying because it has gone down.
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