Monday, August 23, 2010

One Other Thing... Forget Sales

Human nature is to want to buy on sale, if a stock listed on the SS is up this am, don't let that deter you from buying, many times those are the stocks that finish the strongest and getting in early is typically the right thing to do. Be sure your risk management is in place, nd don't be afraid to buy  a stock that is gapping up. You will never be able to capture a stock that is making higher highs if you are not willing to jump in at some point. We are very early on in this bounce-if in fact it lasts tha majority of this week as it seems to indicate as of now, so get your risk management together and consider getting your feet wet if you like the stock. I wouldn't let a gap up deter me, it's a step in the right direction.

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