The Motley Fool Discussion Boards

Previous Page

Investment Analysis Clubs / It Is What It Is


Subject:  Re: What's that old data phrase....? Date:  12/5/2000  4:19 PM
Author:  SBurson Number:  18944 of 123835

Yes, but notice that to have gotten the benefit of today's rally, you would have to have bought in either yesterday or last Thursday. If you were in more than a few days before that, you would probably still be way down today (based on $COMPX). We're only even now with the deep V-bottom of 11/13.

This doesn't do much good for the LTBH philosophy. Even if you're bottom fishing -- how are you going to call sharp bottoms like these? Long flat bases maybe, but not these 5G aerobatic dive-pullouts.

-- Scott

Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us