Wednesday, January 16, 2013 10:03:21 PM
One final thought. You speak of the strategy of buying in an uptrend. Trend buying ("the trend is your friend") does not seem to be very amenable to exploration stocks. I am sure it would work to some degree, but I would never buy an exploration stock solely just because it appears to be in an uptrend.
It may do well to reference the following graphic:
Can you imagine buying at the peak of the speculation "trend?"
That graphic is from this link.
It may do well to reference the following graphic:
Can you imagine buying at the peak of the speculation "trend?"
That graphic is from this link.
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