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re: Random Market Strategy

Posted on 10/22/19 at 1:43 pm to
Posted by castorinho
13623 posts
Member since Nov 2010
82099 posts
Posted on 10/22/19 at 1:43 pm to
quote:

Never try to catch a falling knife.

Or in another way to put it, not smart. Stocks with obvious upside will likely not end up in the biggest losers list.
I don't know about that. I have been following stocks really closely for only two or three years, but what I've seen so far is crazy volatility. Idk if that's a new phenomenon (backed by data) or if it's purely anecdotal.
The market reactions based on quarterly results just seem ridiculously insane to me.
With that being said, Idk about focusing on biggest losers. But even fundamentally sound companies have some massive daily drops that are just crazy (to me).
Posted by bayoubullish
Lafayette, LA
Member since Nov 2018
24 posts
Posted on 10/22/19 at 1:52 pm to
crazy volatility is probably the most common characteristic of individual stocks...
This post was edited on 10/22/19 at 1:54 pm
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