Disciplined Approach
hweb2 said:
Now when I'm accumulating a stock, and the news I expect to move the stock is several weeks off...then I will pay more attention to the chart. No need to chase it if there is plenty of time for a pullback. Also depends on how undervalued I think the stock is. If only slightly undervalued, definitely no rush. If I think it's extremely undervalued, I may buy a few just in case it keeps going up...but hoping it drops so I can take a larger position.
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Hweb you have mastered the hardest part of the game. After many years at this, it is still counter to my nature and most others to buy as it drops, even knowing of its true value at that point.
I am still learning!
Signatures are so yesterday!
