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Non-Tech : Kirk's Market Thoughts
COHR 135.49-5.3%Nov 20 3:59 PM EST

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To: Gottfried who wrote (1370)6/9/2014 12:03:17 PM
From: Kirk ©  Read Replies (1) of 26583
 
Well, I used Apple pie but maybe the same word for fruit and stock clouded the matter. Maybe I'll have to try again with Pizza.

My advice will be similar to how I've advised folks in my newsletter to buy MSFT after it peaked out and crashed.... buy near lows that are tested. It worked great to accumulate a decent position in the newsletter after the crash. I already owned it myself but took several times my investment out before the 2000 crash and used the funds to buy and sell along with my newsletter trades (so I can advertise I eat my own cooking.)

Like MSFT, I'm pretty sure the risk of total BK is near zero but you want to buy near major lows when people hate it, not when Brinker and Cramer are bragging about it at the top as I wrote of in that article 2 yrs ago.
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