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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Bernard Ng who wrote (9864)3/29/2001 8:54:39 PM
From: Wayne Rumball  Respond to of 11130
 
Speaking of catchin gthe bottom....

Goes back to what I said about TGIS. I didn't want to be the first one in. Let someone else tell me they want it.

Better to let the investment community catch the bottom and you take the ride up after you recognize they decided it was a bottom.

And a 1 or 2 day rally doesn't signal the bottom.

1 month of stocks moving up is it. Sure you missed all of those, but everyone forgets that the market isn't made up of 100 stocks. There are thousands of other that didn't move yet.