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Re: Norton1973 post# 42520

Saturday, 06/25/2011 9:31:43 AM

Saturday, June 25, 2011 9:31:43 AM

Post# of 98509
If you follow Barchart.com for any length of time, you will find that their timing of when to buy and sell is not very precise. That is to say, their recommendation to buy may prove to be good over time but, they will typically tell you to buy weeks ahead of the a precise market bottom. Following their advice will often cause you to buy and then sit with the stock at a loss for many weeks before the market turns around. Their rating to buy or sell is not based on precise market timing tools. So, buy if you want to here but, I still believe you can get a better price by waiting because we have bear channel in place on the chart and the price still appears to be moving lower now.