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JLS

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Alias Born 12/14/2004

JLS

Re: HMONNY post# 3254

Thursday, 10/18/2018 12:55:47 PM

Thursday, October 18, 2018 12:55:47 PM

Post# of 3821
IMHO, not a good enough reason.*

If I am going to be invested in a stock, I want to be in a stock that is doing well now, not one that might be doing well sometime farther down the road.

If I have to wait for that lagger to do well later, then to get back on track, that lagger is going to have some catching up to do first.

That process of catching up wastes more time and that is an inefficient (less profitable) use of time. In addition, to truly catch up, that lagger has lost time so it has to work much harder just to catch up, and that is not likely to happen because it wont run faster than the others -- the others set the pace that the lagger will run.

* Today, there is not even one moving average that MU is trading above. Every average from 3 to 320 is resistance to MU. That baby has no mamma.

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