Tuesday, May 08, 2007 8:27:05 PM
Here is the Full Thought behind it...
As my profile says… “uBuy until uSell”. For those that have not read into that idea, it means that if a willing buyer (having the resources) would not continue to buy at higher and higher levels, then that individual should consider selling his / her position, as they apparently can not justify why they currently hold a stock (at it's current PPS). If they can not justify a number of reasons to buy more of stock they already own (again, having the resources), why would they think others would buy more...
BTW: After committing $292,000 to any 1 stock
you are allowed to go into Hold Mode, and then
uWait to reap ripe rewards( uWink, uWait, uWin! )
uBuy until uSell - uWink, uWait, uWin! - Netman
I base my trading decisions on my own DD, research, evaluation, constant re-evaluation, insight and information. Everyone should do their own DD, and constantly evaluate their own conclusions IMO.
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