“The objective is not to buy at the cheapest price when the probability of the stock having a huge move may be only so-so. The objective is to buy at exactly the right time—the time when the chances are greatest the stock will succeed and move up significantly.” ” – William J. O’Neil, MarketSmith Founder
The essence to our investment philosophy is to track sound fundamental stocks and initiate positions when the right time comes. Many investors wonder why they just cannot buy stocks at its currently traded prices. If you are trying to maximize the upside potential of a leading stock, getting in at the proper buy point is an important discipline. Continue reading “A Stock Extends from its Buy Point; When Should You Get Back In?”
