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Re: Psionic Trader post# 91

Thursday, 10/25/2007 10:52:41 PM

Thursday, October 25, 2007 10:52:41 PM

Post# of 120
A little true story about fundies.
When I was starting out in the investment world,
I met an Engineer who was a prisoner of WAR and
spent much time as a prisoner of France

Well he showed me how to use fundies
(1) Look for a company that was good fundies.
(2) An airline called united. This is back a few years(g)
(3) He showed me how to buy it around 15 when news was bad.
(4) And sell it around 57 when the news was good.


Translation:
Longer term buy low sell high.
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