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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: Brasco One who wrote (3091)10/29/2010 6:41:54 PM
From: Jibacoa  Respond to of 3722
 
You are welcome and good luck to you on your bottom fishing also.

The chart patterns are important, but also are the recent and expected revenues and earnings.
The PEs aren't as important as the ROE, CF, etc.
And is also very important to keep a trailing stop loss, actual or mental, provided one sticks to it and doesn't hesitate to take a loss if the entry point turns out to be wrong.
It is also important to know the kind of market one is trading in, since it isn't good to try to swim against the current.
When facing a real bear almost 90% of the stocks go down.

Here is a link to a sample of charts I like, posted today on another thread.
Message 26924050

Bernard