WFL 0.00% 0.3¢ wellfully limited

accumilation, page-7

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    Its a bizzare but brillant way of seeing things Jarrody.

    The best way to catch a falling knife is by position sizing. The thinking outside the square is to see OBJ as a ultra slow moving falling knife. Seconds are OBJ days, days are OBJ months etc.

    Buy a third – hope it falls – buy another third etc. Probably measured in months/years.

    The strategy prevents you from over trading and getting sucked into p&d’s rife in the spec market. Worst case scenario – the funnymentals are no good – you never get the bounce - just leave the shares to the grandkids – which is better than nothing.

    http://www.fool.com/investing/value/2007/05/29/how-to-catch-a-falling-knife.aspx
 
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