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| From: | Phaedrus <Phaedrus@techemail.com> |
| Date: | Sun, 2 Nov 2003 12:48:17 -0800 (PST) |
You can do better than simply make random entries into uptrending stocks such
as AIA.
The chart below shows a couple of oscillators, with the "Buy" signals
generated by either (or both) of these indicators marked by yellow dotted
lines. Without exception, these have all been excellent entry points. Even
simply buying when the price rises from below a longterm ma beats random
entries, on average.
Only 3 things are important in this game.
(1) Entry price
(2) Exit price
(3) Dividends received.
Just because a stock is steadily rising does not mean that your entry price is
unimportant or irrelevant.
I have marked the trendline break buy/sell points that would have been acted
on by medium-term trend traders. They would currently be out of this stock.
The nice steady long-term uptrend continues.
Phaedrus.
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