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Strategies & Market Trends : Strictly Buy and Sell Set Ups
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To: chowder who wrote (4923)7/26/2005 12:39:20 PM
From: Libbyt  Read Replies (1) of 13449
 
NFLX is doing well because I finally signed up with them a week ago

LOL! I was an early NFLX subscriber, and I'm really happy with their service. A major "plus" to me is the fact that I'll never have to deal with a Blockbuster store again!

I must know what the objectives and time frames are before I can provide a useful analysis.

My objectives are to be more of a long term holder of a stock, and to not do as much trading. (I know this is opposite your objectives, and those of many who post on this board.) My objective is also to take a profit in a company when a significant gain has been realized.

I've found that in the past I've done well in the market by buying companies I know well, where I like or use their product or service, companies that offer a unique product, and where the company seems well managed. CHS and CAT are two companies I've bought and held based on their products, service, and the management of the company.

I realize the charts of NFLX, IDNX and MAGS must be hard to "read" since all of these companies have IMO have been influenced by news in the last week. NFLX is a stock that I've traded and owned for quite awhile, IDNX and MAGS are two stocks I've also followed for the last couple of years.

Thanks for your thoughts on the charts you posted!
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