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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: Biomaven who wrote (3490)4/20/2001 4:58:16 PM
From: Jibacoa  Respond to of 52153
 
<<if you buy every time the green goes above the red...>

There are quite often "false starts" and unless the price "blue bars" stay over the green average one may have to sell. It only costs $10 in commissions to buy & sell 5,000 shares now a days, not the 1/2 point each way it used to cost.

Of course one has to keep in mind the rules of not making a second move unless the first one shows you a profit and "always cut your losses short and let your profits run"

And of course one should not be buying based only on the TA, but have to like the fundamentals. The TA only gives a good "entry point".I don't know if you can consider that a "rebuttal"

One last point: If you are going to do a lot of "buy & selling" it is best to do it on a non-taxable account.(An IRA for instance)That will simplify things around April 15 <g>

Bernard