The New Year is about to begin. I'm looking for a stock that's come down big time from its High over the past couple of years and is now heading up ... big time! She's down 70% from her High in June/08 and is up over 700% from her Low of $0.39 in March/09. She's been at $11 and is now about $3. She has a way to go, right? Good bet? Who knows ... but I'll give 'er a try, eh? P.S. I already own some, but gotta get me some more ... In August/09, I mentioned that contest (where we begin with $100K in Jan.09). At the time, I had $248K. Surprise! Now that coal stock has me over $300K !! Coal makes me feel warm all over. Maybe I woulda won, eh? Here are some stocks with how far they're down from their 2-year HIGH, and how much they're up from their 2-year LOW: Note that IBM and MMM are at their 2-year high. Are y'all paying attention to the first couple, eh? (And BAC looks good.) P.S. There's a spreadsheet to play with here: http://www.gummy-stuff.org/down-up-buy.htm |
Tuesday, December 29, 2009
Down then Up
Labels:
Down then up
Subscribe to:
Post Comments (Atom)
The old Cup and Handle chart pattern >>>
ReplyDeletehttp://74.125.47.132/search?q=cache:l438Gxrx2tUJ:www.investopedia.com/terms/c/cupandhandle.asp+cup+and+handle+chart+pattern&cd=2&hl=en&ct=clnk&gl=us
I stuck the Cup & Handle on my website:
ReplyDeletehttp://www.gummy-stuff.org/down-up-buy.htm
What I need is a neato name for Big Down then Big Up *without* regaining previous highs.
Hmmm ...
How about Bipolar ?, lol
ReplyDelete