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From: | Phaedrus <Phaedrus@techemail.com> |
Date: | Sun, 2 Nov 2003 12:48:17 -0800 (PST) |
You can do better than simply make random entries into uptrending stocks such as AIA. The chart below shows a couple of oscillators, with the "Buy" signals generated by either (or both) of these indicators marked by yellow dotted lines. Without exception, these have all been excellent entry points. Even simply buying when the price rises from below a longterm ma beats random entries, on average. Only 3 things are important in this game. (1) Entry price (2) Exit price (3) Dividends received. Just because a stock is steadily rising does not mean that your entry price is unimportant or irrelevant. I have marked the trendline break buy/sell points that would have been acted on by medium-term trend traders. They would currently be out of this stock. The nice steady long-term uptrend continues. Phaedrus. _____________________________________________________________ Are you a Techie? Get Your Free Tech Email Address Now! Visit http://www.TechEmail.com
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