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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (64980)7/25/2002 11:53:26 PM
From: advocatedevil  Respond to of 70976
 
RE: "Heard someone suggest to put in low bids to catch stocks. For core stocks would you recommend this strategy."

Sorry for the delay in responding Mike - been plenty busy the last few days, but to answer your question: I don't like the low bid strategy. Yeah, ya might catch a brief spike down and come out a winner, but then again in this environment, some piece of ugly news could be the cause of the drop that keeps on goin' far past your buy point. I prefer to watch the news and market action, adjusting mental buy and sell levels accordingly.

AdvocateDevil