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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Chris who wrote (4221)12/18/1997 11:59:00 AM
From: Steve Smith  Read Replies (3) of 42787
 
Chris,

Very good points.

I would like to add some more thoughts to your discussion.

1) NEVER fall in love with a stock. ALL stocks go up and then eventually down.

2) DON'T be greedy.

3) Stocks are driven by supply and demand. Not because of great fundamentals. Fundamentals will say that the stock is worth investing long term....but as you can see...sometimes you have to sit on a stock a while to make a profit. My plan is to make a profit as soon as possible. I'm not interested in making a profit in 1 month or 1 year. More like in 1 day. :-)

4) CUT your losses if a stock goes against you. You can always buy it cheaper.

Those are my thoughts. I say RADAF consolidates in the 14s-15s range. The toy season is almost over.

steve
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