"Healthy pullback" is another term for 'it's ok for the stock to go down and i'm still staying long.'
I think the term "healthy pullback" is one of the stupidest terms going.
There's really nothing "healthy" about a pullback if you're long the stock. You'd rather the stock go uyp daily, every day, if you're long, right? It's like saying 'slow and steady'. Gee. Would you rather have the stock go straight to $20, tomorrow, or have the stock go to $20 over the course of the next 2 years and finally be $20 in 2013?
It's like saying "speculation is bad." No...the end of speculation is bad.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.