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I've learnt a NEW strategy (26) 11-Jul-08 17:34

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Posted by: reliabull on ( 11-Jul-08 17:34 )	Rating
Price : BSE: Rs 280.10 ( 1.27 % ), NSE: Rs. 280.85 ( 1.34 % )
Dear All, this applies to all stocks. People buy for various reasons and sell for various reasons. If you don't want headache of tracking stocks regularly, here is a strategy i have discovered over the past few years. Let me share it with you and get your opinion. I am an avid reader of DNA money. If someone too does that will realise that just a few days ago, there were many Bold type stocks in the stock page to the extent that the whole page was looking very black. They all were stocks that had touched their 52 week lows. But just 6 months back in the heat of jan highs, the page was also very black as most stocks were at their 52 week highs. So my motto is Buy and Sell when the pages are black. Sell when many stocks are at 52 week high. Does not matter if your stock is not black. And buy when the page is black beacuse of 52 week low. Again does not matter if your stock is not black. I guess you should lose little. And what do you do in between these times. KEEP YOUR MONEY IN FD.

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