Thursday, February 4, 2010
This seams like the perfect time to start blogging again. After a long break, I think it is time to start back up with a different outlook. Momentum is the name of the game, so I am going to start looking at stocks that have a lot of positive momentum, and some on the other side of the spectrum to see if following trends really does work. I have read all the different trading strategies, but this one always seams to make the most seance. Why buy a stock when it is at it's all time low? You are not getting a good deal, you are getting exactly what you are paying for. So a new strategy as of today, buy quality stocks that have positive momentum and are hitting all time highs. Ride the wave up and jump ship when you feel the time is right. MOMENTUM, MOMENTUM, MOMENTUM.... I will chant that when putting in orders this week.