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Pastimes : The Philosophical Porch

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Cogito Ergo Sum
Julius Wong
To: Rarebird who wrote (12861)3/27/2022 11:28:54 AM
From: Rarebird2 Recommendations  Read Replies (2) of 26251
 
I try to initiate positions in what Stan Weinstein calls stage 1 stocks, where the stocks are basing out after a big decline and do not decline on bad news any longer. I then will add to my positions at the outset of stage 2 where the stock begins its advance.

Once the good news is already priced in, I look to reduce and/or sell completely.
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