That would be alot better than what we have now, I am just tired of watching a very select list of stocks that seem to bounce back anytime they are knocked down. Everything else just gets knocked down, and it seems like they never come back.
Sure is a very narrow market, and we are at very high levels.
ARCO was just an IPO I have followed for quite some time, it seems like a viable business, like MCD, just the Latin American stores. They are growing stores and sales, and yes I believe the stock came out around $ 21.00 a share, it might of been priced at $ 18.00, off hand I am not sure anymore, but I can re-read it sometime this evening.
I have watched it trade down here a couple of times, so I am thinking it is support, but they have had a secondary along the way, I have no position in it, but I keep looking for something to buy that I could actually hold for awhile.
Thats the other problem in this market, finding stocks too actually hold for awhile.