Savvy Trades and Investments

[larrybaz]

Reseacher, that makes sense to me:

My style is to buy stocks that I feel are undervalued, accumulate on weakness and sell into strength, realizing that fluctuations in the stock price will generate profits for me.

Just as you don't know where a stock is going to bottom out, you don't know where a stock will top out. I use a similar approach in averaging down on weakness and paring on strength. Companies end up way undervalued and way overvalued all the time. It's the way of the market.

It makes a lot more sense to me to go with the flow of the market rather than drawing a line in the sand and being stubborn about where a stock should be priced.