Smart money will move in here,at some point, when IT thinks the value is there. For right now, we are bumping the tell-tale trend-line down, stochastics is down, MACD down,....
How will we know? A trend reversal. True you will not get in at the bottom, say $80 vs $65, but if this company is going to endure, the entry price is not important if the trend is up.
The lesson I am trying to learn is if the trend is down, get out now, and buy more for cheaper, later. Same as, cover now, short later when the trend reverses.
Thoughts?
R |
