goldenrod
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 Platinum Boarder
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Re:I'm in @ .82 cents. - 2008/02/24 10:25 am
kennethj2u wrote: HI fOLKS, I haven't been posting on here since " loosing my cool " trying to keep a lot of members from getting burned on DCBI. I've been reading some of the posts concerning Stockwire recomending stocks and then having the stocks do a " crash and burn." You have to notice these paterns and then learn to use the info they supply to your own advantage. Looking at the original email about MXOM you'll notice that they stated then that they wouldn't be going into production until the end of the first quarter. That means " PUT MXOM ON YOUR RADAR SCREEN BUT DON'T BUY IT UNTIL IT STARTS MAKING SOME REAL MONEY AND YOU SEE THE DAILY VOLUMN TAKE OFF UP INTO THE 200,000 TO 500,000 RANGE. STOP TRYING TO PICK THESE STOCKS AT THEIR VERY LOWEST PRICES. WAIT UNTIL THEY TURN AROUND AND THEN GET INTO THEM. When I get an email from Stockwire I read it, check out the charts and then might put it on my " watch list ". I NEVER buy on the news from Stockwire until I see that particular stock hit another bottom and the volumn goes up dramatically. Hope this helps some of you.
Long time, no see, kenny. Buy on the way up, sell on the way down. One of the top 5 "rules to invest by" but the toughest to do.
I may not always be right but I'm never wrong |