Stock Watcher's Thread / Pix of the Week (POW) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VSAT 36.55

-4.6%

3:14 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stock Watcher who wrote (7773)	5/1/1999 1:36:00 PM
From: American Spirit	Read Replies (1) of 52051

Thanks for the message. Yeah, picking the bottom is tough. I took a write off on buys of CPQ at 30, WIND at 19 and KEA at 21. Of the three I thought I was getting very cheaply only KEA turned out to be. Luckily I caught WIND back at 12 and it's a turnaround play back to 15 now. I do look at charts but have no training at it. I use intuitive guesses I suppose. What feels safe. One thing I have noticed, after a stock gets suddenly hit, it'as usually two days later when it reaches its low, and it can be about 30 days later when it rises, esxpecially after tax-loss season. I've been burned buying the first day of a sharp decline. On the other hand, sometimes the reason it went down was misinformation and that creates a break. But better to be careful and wait them out. As for momentum you can make a lot of money but need to get out at the top. Just the reverse mirror image of the bottom feed. So play either way I guess. All about guessing tops and bottoms.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next