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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Duke who wrote (1603)5/19/1998 11:56:00 PM
From: James Strauss  Read Replies (1) of 13094
 
Buying Dips...

Duke:

If I have a company I really like, I'll usually wait for a dip during market weakness... This allows me to buy the stock at a reasonable price, and makes up for future dips off subsequent purchases at higher prices... I try not to chase stocks... I'm still waiting for TRBDF to dip below 7.00 before I buy... I may never buy it... It may zoom into the atmosphere without me, but, more likely than not, it will correct... I added to two good companies, RECY and TAVA at depressed prices... You need a lot of patience to wait for these pullbacks...

Jim
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