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Strategies & Market Trends : You buy a stock. It goes down, now what? -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (30)7/7/1998 11:42:00 PM
From: Fredman  Respond to of 112
 
Most stocks we buy, we buy for a reason- something made us buy it. If you have done your own research, and am happy with it, then hang on. there are some stocks out there TODAY that are sliding down so fast it would make your head spin. GREAT COMPANIES. which ones ? just about any Oil sector stock. What am i saying ? just because a stock slides down, does not mean it is a BAD INVESTMENT, as long as it is a well-known and traded company (Meaning: this don't apply to BB's - you are on your own there).
But this is subjective as to how fast you want to 'make money'. The Oils will take awhile to rebound, but they WILL. GREAT buying opportunities out there, with more to come at lower prices.....
as usual, my opinion.