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alliecorp

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alliecorp

Re: TopHat post# 8130

Monday, 10/23/2006 11:10:14 PM

Monday, October 23, 2006 11:10:14 PM

Post# of 89519
Tophat, I don't know if you read the article, but no where in there does it state that this 8% loss rule is a direct quote by Warren Buffet or his own personal recommendation.

I realize that this may be information from Investors Business Daily...but this rule is part of their 20 investment rules they have,which includes...

9. Buy stocks with a Composite Rating of 90 or more and a Relative Price Strength Rating of 85 or higher in the IBD SmartSelect® Corporate Ratings

11. Buy mostly in the top six broad industry sectors in IBD’s New High List.

Need I say more...allie



The secret to profitable investing is to buy into well-run companies at the beginning of their earnings growth cycle—before Wall Street takes notice and bids up the stock price.
My opinions are my own. You have to decide and do what's best for you.

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