Trying to Outsmart This Foolish Market [View article]
Interestingly no mention if any of these companies are generating profits. If so, then they may be opportune purchases. If not, then you are potentially playing with a lit stick of dynamite.
As for Mr. Market you were provided plenty of notice to:
1) exit MOS by 110 and 2) exit PCX by 50
and apparently you missed or ignored it.
As all the famously successful traders of old would tell you,
"You can't fight the tape."
In order for that to work though you first have to learn how to read and interpret the tape.
Trying to Outsmart This Foolish Market [View article]
As for Mr. Market you were provided plenty of notice to:
1) exit MOS by 110
and
2) exit PCX by 50
and apparently you missed or ignored it.
As all the famously successful traders of old would tell you,
"You can't fight the tape."
In order for that to work though you first have to learn how to read and interpret the tape.