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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (10469)	10/31/2025 1:45:14 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 10552

FMC is another example. It went below the green rail in late September and again a month later. In both cases the green rail was drifting lower, which is always a no-no. Think of all the poor souls who bought it thinking that this is a respectable company that they can buy and hold and that it is just drifting lower. Never buy something that falls below the green rail. This stock has to gain 400% just to break even to the start of the year. And that is in a bull market. Imagine it in a bear market! I didn't own it, but I am looking at it as a potential bottom fishing expedition. But first it has to climb above the green rail or the rail has to slide under it. I am not touching it while it is structurally weak. PS The stock is now down 90% from just two years ago!