AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Use Follow-Through To Spot Uptrend.(A)(INVESTOR'S CORNER)
Byline: JONAH KERI
Want to test an investor's mettle? Try telling him to sit patiently and wait. It's a skill every successful trader must develop to bank the biggest gains. Yet few have the discipline to do it.
No period better proved the value of waiting than the most recent bear market. Stay in cash from March 2000 to September of last year and you'd be sitting on a pile of riches from the roaring bull of the late 1990s. Force-feed your money to a raging bear and your gains would have vanished.
IBD's CAN SLIM method of investing illustrates this point. The M in CAN SLIM stands for market. The M reminds you to make sure the market is in an uptrend before buying stocks.
You can do everything right -- buy stocks with great sales and earnings growth, leaders in their field with hundreds of top funds behind them. But at least two out of every three stocks follow the market's trend. Try to fight the current of a falling market and you'll drown.
To spot the right time to start buying, look for a market follow-through session. This occurs when at least one of the major indexes rises 2% or more in price. That's not all. Volume must be higher than the previous day.
...- Bear Market Bottoms.
- Magazine article from: Investors Chronicle - magazine and web content April 28, 2009 700+ words
...studied over 70 years of bull and bear market history and reveals strong evidence...characteristics around the time of the bear market bottoms. The results are quite a revelation. Declines into Bear Market Lows Firstly, Mr Hester looked at...
- This bear market isn't normal, some experts say.(Knight Ridder Newspapers)
- Newspaper article from: Knight Ridder/Tribune News Service MarksJarvis, Gail July 22, 2002 700+ words
...debate _ that this is not your normal bear market. Typically, run-of-the-mill...Leuthold Group, of Minneapolis. Yet this bear market is already almost 2-{ years old...starting to call this "a secular" bear market _ the worst kind of extended bad periods...
- A bear market is not such a bad thing; call it an opportunity to accumulate...
- Magazine article from: Investment News Griffin, Jim February 28, 2001 700+ words
It's a bear market. How can I tell? Because it is so...operationally useful definition of a bear market. I will note, however, that there...A commonly cited standard for a bear market is that the index should have declined...
- Tracking Bear Market Can Prove Tricky.
- Newspaper article from: Knight Ridder/Tribune Business News July 30, 2002 700+ words
...Business News Jul. 30--What if a bear market ended and nobody knew it? It has happened...be wondering whether the end of the bear market is near. But for all they know, it...full of missed calls on the end of the bear market. Take this account from nearly a decade...
- This bear market isn't normal, some experts say.
- Newspaper article from: Saint Paul Pioneer Press (St. Paul, Minn.) (via Knight-Ridder/Tribune News Service) July 22, 2002 700+ words
...debate _ that this is not your normal bear market. Typically, run-of-the-mill...Leuthold Group, of Minneapolis. Yet this bear market is already almost 2-{ years old...starting to call this "a secular" bear market _ the worst kind of extended bad periods...
- Advisers weathering bear market so far; Many have yet to react to a terrible...
- Magazine article from: Investment News July 21, 2008 700+ words
...of the dangers of the secular-bear-market period they believe is upon us...has reminded advisers that the bear market might not be over. Some market historians who worry about a long bear market period said that advisers have...
- Shifting household assets in a bear market.
- Newspaper article from: FRBSF Economic Letter Marquis, Milton H. March 28, 2003 700+ words
...market of the 1990s has turned into the bear market of the (early) 2000s, households...shift that occurred during the long bear market of the 1970s. In particular, I ask whether the shift associated with today's bear market is likely to last as long as the shift...
- NOW IT IS TIME FOR A BEAR-MARKET PREPAREDNESS DRILL.(Business)(Column)
- Newspaper article from: Seattle Post-Intelligencer (Seattle, WA) August 4, 1997 700+ words
...today's business news to bring you a bear-market preparedness drill. This is only a drill. An actual bear market may or may not be approaching, after...One plain-spoken definition of a bear market, as formulated by the fund management...
