One market paradigm that I take exception to is : Buy low and sell high. I believe far more money is made by buying high and selling at even higher prices. That means buying stocks that have already had good moves and have high relative strength – that is, stocks in demand by other investors. I would much rather invest in a stock that’s increasing in price and take the risk that it may begin to decline than invest in a stock that’s already in a decline and try to guess when it will turn around. — Richard Driehaus
September 19th, 2007 → 12:11 am @ admin
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