2006-10-21 04:57:27 · 3 answers · asked by SN 1 in Business & Finance ➔ Investing
Of course, this is one theory for investing, picking up the laggards as everything else rockets to the moon.
But they are generally laggards for a reason, and continue to lag.
If you want a performer, pick one that is breaking out to new highs, leading the pack, not trailing along in sympathy.
Value investing is one thing, but this market is not equivalent to Wal-Mart, where low prices mean greater value. In this business, value comes at a premium, but outperforms the stocks with lesser premium in a bull market run.
It looks to me like the market is getting a little overextended, possibly a blowoff top. So you may be a little late. Just watch the Uptrend line, and keep a Protective Stop on it.
2006-10-21 07:18:21 · answer #1 · answered by dredude52 6 · 0⤊ 0⤋
8 am EST go to NASDAQ.com and click on premarket then goto to the actives. Look at a ticker and goto http://finance.yahoo.com and type in the ticker. See if there is any news. If there are gains in the morning of significance then watch for a drop during the gains & get in with a little that would make a difference with about 10 to 20 cents gain. Get out and wait another day if it gets you 100$ or more in gains for the day.
2006-10-21 14:52:09 · answer #2 · answered by vet 1 · 0⤊ 0⤋
Yes.
2006-10-21 12:58:49 · answer #3 · answered by Anonymous · 0⤊ 1⤋