X64 0.00% 57.0¢ ten sixty four limited

what is the market telling us, page-27

  1. 2,448 Posts.
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    Rod

    Imo you need to look at your rule book every so often

    My current rule is to continue to buy stocks that I continue to believe in.
    And if they fall 20 % ----I ask myself do I still believe ?

    If I still believe , then I buy additional
    If I don't believe enough to continue buying, then I have stopped believing , and should sell out completely

    There are buying opportunities from time to time---for example, when a big holder has decided to sell
    Your rule prevents you from taking the odd bargin
 
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