UnThreaded | Threaded | Whole Thread (15) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: joelxwil Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75642  
Subject: Re: SVU Date: 6/21/2012 5:55 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
"how to correct this error in my selection"

First, as with any stock, you need to have some reason to buy it in the first place. I have not followed this stock, so I do not know what it would be.

Second, a stock should be bought when it trends up and sold when it trends down. I use moving averages and moving average crossovers to determine that, as do most people. If you look at a chart, you can see that on 7/28/2010 the (8,55) moving average crossover went positive, and this condition continued until 2/23/2011, when it went negative. If you bought and sold on those dates respectively, you would have made a bit over 14%. After that, aside from a very short movement up in May 2011 which would have been difficult to play profitably, the trend is down from June 2011 almost to the present. Oddly enough, the (8,55) moving average crossover just went positive on 6/18 of this year, and the stock actually bucked the trend of the market and went up about 1% today.

I have no idea what is going on, but this is probably not the time to sell. Wait and see if you can get back some of your losses in the next few days, and look for news on this thing that may tell you something.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (15) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Apple

Apple and Ninety Years Ago
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement