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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (57461)6/28/2016 9:32:45 PM
From: Graham Osborn  Read Replies (2) | Respond to of 78751
 
I noticed. The whole rollup cluster (VRX/ AGN/ ENDP) had a bugger of a day today, reminding some of us that even Brexit probably won't shave 30% off the IXIC before election time. There's been a big argument over on COBAF about whether once should trade these "for a bounce." My argument was that if you didn't have a strong fundamental view it would be tough to hang on until you were right. My limited experience has been that when value investors try their hand at technical strategies, the result is not pretty. KonKilo is evidently using a technical strategy, and if he knows what he's doing and is properly diversified it may well be a profitable strategy. For my part, being long any of these 3 for any length of time would be so nerve-wracking I'd never be able to execute.

Btw, turns out AGN was playing similar games to VRX:
seekingalpha.com

I mention this merely as a public service announcement.



To: richardred who wrote (57461)6/29/2016 10:04:50 AM
From: KonKilo  Respond to of 78751
 
Thanks, Richard, but I was out weeks ago with a 13% gain.

Trader. :-)