123Tom's TA study group

[sab63090]

jta1980

I failed to give you a response to your pointed question. I would not suggest investing in any small biotech company with ALL of your money. You might want to allocate 10%, tops

The most successful companies are the Big Ones with solid management and earnings performance... companies I would select over the long term would be names like: McDonalds, Home Depot, Apple, and other companies that do well in most times over the long run. Those are the companies that you see on the tape, interviews, etc.

Most of the really wealthy people I have met over the years made most of their money in ONE stock, so you don't need a lot of stocks, just good solid ones with good management and earnings over many years.

TA is fun, but important sustainable news is better than a chart...learn to use both for timing.