Speaking of investment strategies, I'd definitly have to agree with you, especially nowadays, that momentum investing WILL kill you. My current strategy is to target the beat up stocks that are near their 52-week low, and do my DD on them to see if they have a fighting chance. If so, I've found most pay off 10-20% in a fairly short term. Others need more patience, but that is also the key to investing (not that anyone on this thread needs to know that!!!!). I stick mainly with tech stocks, since I know the most about this sector (another key element).
I would like to thank you all on this thread for your help on technical analysis, etc.. Janice, EKS, Salah, Vinrod, Dwight, Paul, even Joe,etc, etc, etc, (sorry if I left you out, i'm horrible with names). I enjoy reading this thread, because I can gain from your knowledge immensely!
On a side note, I cancelled my sell order I had in on Monday because I honestly think this will get to be much higher. I lost my patience for a brief half-day, (overwhelmed by being in the black), but I'm in until 15 or bust..
Joe, are you still sticking by that .21 a share?
Thanks, Tom |