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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Mr. BSL who wrote (9452)7/3/2000 11:50:54 AM
From: Allan Harris  Respond to of 42834
 
Re: The implication is that reporting changes on the landscape is a bad thing

On of my most difficult tasks is to sell a stock that I just bought days ago, simply because it went below where I thought it couldn't go and still be in an uptrend. Things change. But even more difficult is to buy back in two days later as the stock recovers and spikes ahead. The pattern is the same, I got in too early as there was another low still to be made but once that was out of the way, there was an excellent BUY in the making. I was right ot buy in the first place, I was right to sell on a stop and I was right to buy in again. Why? Because I acted in concert with the stock, with the tide, not against it. What am I talking about? Changing.

Allan