QUOTE(Boon3 @ Jun 24 2015, 08:55 AM)
Stock hitting 52 weeks highs....
when they hit.....
would you bet that the stock would gostan soon?
or would you think that the chances are the stock could hit several more highs?
hey... aren't there stocks that seem to be able to hit highs years and years?
no? yes? no? yes?
So how come.....
when a stock hit a 52 weeks low...
how come want to start bargain higher?
won't the same hold true as stocks hitting highs?
ie won't the chances be high that the stock could hit several more lows?
or are we suckered into the fallacy of the mountain sifu that what falls must equals to golden opportunity?
no? yes? no? yes?
yes... some fallen stocks are indeed an opportunity.... but many aren't.
know the difference.....
it's like a stock breaking out of a trading range....
when it breaks out higher.....
wouldn't the chances be more that the stock could continue higher?
so why doesn't the reverse hold true?
when a stock breaks lower....
wouldn't the chances be more that the stock could trade lower?
why rush chasing a falling stock?
lol...
one of the many mysteries in the stock market.....
Jun 24 2015, 09:46 AM

Quote
0.0448sec
0.23
7 queries
GZIP Disabled