Posted by: eminitrader June 4, 2009
NewStock Watch List
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I'm not sure what some of you are doing here.....but it's your money. Buying a stock that is making a 52 week low is similar to buying a lottery ticket. It may work in the short run but in the long run you'll be broke. Currently all types of stocks are going up but soon the market will change where strong stocks will go up and weak ones will be punished. It is better to make it a habit of buying strength and selling weakness.
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