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


To: Sun Tzu who wrote (10470)10/31/2025 4:00:44 PM
From: sixty2nds  Read Replies (1) | Respond to of 10556
 
Sun Tzu,

I'm surprised you'd be Javelin Catching ie Bottom Fishing in a Bull Market.

I was looking at a couple of Stocks like HSY for 1 example...when I started building my UBER Position.
The HSY Bottom is probably in.
Historically HSY has been a great LT hold.

BUT
We are in a Bull market...
It is likely to under perform.

AND

Even IF you are willing to lay munee down to open a position
on a Javelin Catch...

You very likely to be attempting a cross the body with the wrong hand catch...
AKA
Tax Loss Selling.

Taking one more look at UBER and the other contenders the above hit me.
UBER is in a strong Uptrend in all of the timeframes I use.
The other contenders were really pretenders.

I suspect I'm blowing the rust off.
I've been working the U, Old Yeller, Oil, and looking at other commodity types too long.

I'm not saying don't do it.

You are working your Rails.
It is an interesting system.
AND
It works for you

You mentioned trading psychology.
It got me to thinking and reviewing my UBER process.

Have a great weekend.
60 .