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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Glenn who wrote (4651)1/2/1999 4:40:00 PM
From: Junkyardawg  Read Replies (2) of 90042
 
Regarding Sunbeam:
Instead of waiting on a dip to buy.
Why not wait on an uptrend.
Wait until it hits an up trend and builds a
resistance to it. Then you know you may have
something worth buying.
Waiting to buy on the downside is simply waiting
to buy on a stock that is falling for some reason.
Why not buy on a stock that is going up for a good reason.

Hay I a new but I know longer think that to "bottom fish"
is the way to make money.
I think that maybe "bottom fishing" just might be the biggest
sucker play of all.

Just my Opinion and you all know what they say about opinions.

dawg
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