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Strategies & Market Trends : Investing for the Long Run

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To: tyc:> who wrote (48)8/13/2007 9:07:03 AM
From: Condo  Read Replies (1) of 68
 
you mentioned that you don't buy on weakness

That's right! If we could agree on a stock's appropriate range, we could be on opposite sides of the trade both coming and going.
As you're closing out your position with a profit at the top of the range, I'd be buying because that darn thing finally broke out of it's range and is trending up. And just when you're backing up the truck at the bottom of the range, I sell the down trend.
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