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Re: Toofuzzy post# 41679

Sunday, 01/29/2017 5:45:55 PM

Sunday, January 29, 2017 5:45:55 PM

Post# of 47076
TooFuzzy,

Just a quick reply. In one of Ocroft's early posts (Post #31585) he told Tom that he looked back at least one year to find the high point. I think the reason for that is that it takes some time for the stock or ETF to break through the Hold Zone and for AIM to then generate Buy Signals. But remember, that high point would have been in the past, not right now. When you look today, that high may have been back in Oct 2016 and be ready, or almost ready for the buy.

To use Adam's stock, QCOM, as an illustration, it took about 18, 19 months for QCOM to complete its downturn -- July 2014 to Feb 2016. But that would have been a great time to "load up" on QCOM. A similar situation in Nov 2008, it only took 3 months for the "drop". The advantage in this is that you can purchase a larger initial position and have plenty of stock to sell if it continues up.

Best regards,

Bob

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