Saturday, July 2, 2011

a strange way of stock picking - II

"it was an old trading theory of mine

that when a stock crosses 100 or 200 or 300

for the first time

the price does not stop at the even figure

but goes a good deal higher,

so that if you buy it as soon as it crosses the line

it is almost certain to show you a profit.


timid people don't like to buy a

stock at a new high record.

But I had the history of such

movements to guide me."



- reminiscences of a stock operator

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