To be fair, (and I not a fan or detractor of Stock_trad3r's methods), he's still way up from the prices at the beginning of the thread (at least for now). So, I dunno if its fair to bash on the first correction/bear market drop (especially when the market is so overdone to the downside). The point being its hard to point your finger at someone who is profitable dont you think?
ah... will there be a digital countdown and a drum roll... any tarring and feathering... my kids will be watching... thanks...
Just going to kick back and wait for a complete rebound which should happen within 2-3 months These picks do an an exellent job of rebounding with the market and then making new highs so I have nothing t worry about even if I do have 15-20% losses on some of my newer positions. I don't fail. Simply put, I dont.
Anytime is the best time 2 buy RIMM AAPL BIDU GOOG RIMM GS and so on all up huge again Even of you bought RIMM at 127 last week you would still be only down 10% or so. Not so bad when you consider so many stocks are 20-30% off their highs. If you can't lose money initially dont buy stocks. Sometimes you have to be able to tollerate a 10-20% initial loss on your investment to make money on it later. When you buy RIMM or AAPL for example you cant fail because those stocks ALWAYS rebound huge no matter what. Its not like there is any uncertainty. You cant go wrong with those picks. Some people try to buy BSC for example and never see thier money again cause that stock is crap.
UM hum but RIMM and AAPL aren't like Nortel because unlike nortel those companies are hugely profitable, have huge growth, and have reasonable valuations.