Talk

WillingToTry · Guest

basically looking for stock that crossed their 200 Day Moving Average in the past month, have increased momentum in stock, and price rising on increased volume. After that, from the stock that "qualify", i look at the 1 year graph, compare it with its relevant industry and the 200 Day MA and pick only that stock which crosses the MA graph and the MA has an upward slope.
I also read fool.com and pick up the headlining stock and check out where it is against this chart as well.

Will let u know how it goes..

This coming week, is going to be really dicey, since there are a whole lot of economic indicators coming out that are going to test investors a bit.

A bad week to implement, but I hope to gain in the long run...hope is the operative word.. Wink

aim20percent · Guest

That is cool!
If you look at a 3 year or a 5 year graph, if the company is in good business, the line is usually going upward, albeit with a lot of small ups and downs, perhaps with a few bigger ones. But the ending point is usually north.
So the question is do you sweat the small bumps and try to squeeze out the gains, or just let it sit there just making sure that the company is keeping up with its innovation, and grab the gains in the long run?
I have read that the day-traders have not made much higher percentage gains compared to buy-and-holders. Drawing a parallel to day-trading and sweating the small bumps, I really doubt if one would gain a lot by watching his/her stocks on a daily basis and trying to figure out whether to buy more or sell more. What do you think?