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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: kathyh who wrote (44518)5/23/1999 11:17:00 PM
From: Junkyardawg  Read Replies (1) | Respond to of 90042
 
Kathy
Please don't think me arrogant here but one thing you need to
do....
You said Is 1/2 point really that big a difference if they are
going to get bought for 12?

I cannot stress this enough... I don't care if it is Jaco or
Coms or any other stock on the market. NEVER PAY MORE THAN WHAT
YOUR RESEARCH TELLS YOU TO PAY. PLAY THE STOCK DON'T LET THE STOCK
PLAY YOU

If you did research on Jaco and you decided on a price then that is
the price you should pay.

This is not written in stone and there are exceptions but as a rule
you should abide buy this rule.
I always do.
My buddy calls me probably 10 times everyday and he says to me why
don't you go ahead and buy xyz stock because we both know we it will
go higher. I always tell him I have a price and that is what I will
pay. Most of the time I will get that stock at my price.
Sometimes I don't and I just miss out on the stock.

I don't know anything about trading stock believe me, I have more to
learn than anyone but I feel very strong about this one rule I have.
Never never chase a stock. There is a difference between chasing a
stock and buying into strength. You will notice the difference if you
watch that stock long enough.

Good luck and I aint trying to sound like a no it all but I just feel
very strong about this.

dawgy