Peter, I have some advice to you and any one else interested in ADBE.
If you feel a need to own Adobe, then I suggest you buy the stock
with confidence in the long term. Long term investers will always
outperform traders, and you are right that technical chartists
are never 100% accurate. What you should understand is that the
company is doing good things for the stockholders as well as the
consumers, so with this in mind you should make some critical
decisions because it sounds like you are insecure about this
company in general. As for marketing their products, a good
company does not have to really push to hard because word of mouth
in a quality product is what really sells. Adobe has the best
products for their area of expertise and no one can come close!
I really do not think that shelf space makes that much difference
with this in mind. To set the story straight, I am not a technical
chartist per say, but I use the data as part of my overall
strategy when accumulating or selling. I will buy a good company
like ADBE because of overall fundamentals and I will not sell
that company until those fundamentals change. As far as I am
concerned, the company is doing better things now, again for
consumers and shareholders, that make the fundamentals much
more attractive than ever before. It's going to take a lot to
change this, but when it does, the stock will still maintain
before people start getting rid of it! There is always time, and
time is always on your side as an investor. I do not consider
myself a trader, chartist, or a Warren Buffet type investor, but
maybe I am a little of all the above. I typically hold a company
for anywhere from 1 year to up to 4 years on average. I just
started buying the company in my portfolio to let you know
how I feel about this stock! I am usally never wrong because
I never buy to sell tommorrow, and I never buy in speculation,
but rather the facts!
Angelo |
