Point of No Return or Perfect Buying Opportunity? [View article]
I take a hybrid position on the value of this article. Yes, it doesn't go far enough, but these are interesting charts. My question is, in each of the minimums (before this most recent one), how long has it taken for the stock to get back to the high it reached before taking the dive? To get back to 75%, 80%? Buying BAC at -51% and riding it to -20% could be a nice return.
Point of No Return or Perfect Buying Opportunity? [View article]