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Re: shipwreck616 post# 349

Wednesday, 08/19/2009 1:23:08 PM

Wednesday, August 19, 2009 1:23:08 PM

Post# of 4148
Your question is curious. If you own a stock that runs up, It will always peak somewhere. Short term traders will always sell it off at some point. Then the nervous types take over and bailout. The stock will find a bottom ....nobody can predict the high or the low,,,,ever IMO. But if you like the stock and what the company is doing and the price comes down to what seems like a bargain ,,, the selloff is over done,,, You buy ...add to the position...
I rarely add on a run up ......Only on pullbacks. Make sense?
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