Here are the rules I have followed over years. Read on and these might help you as well.
2) If a good stock from a good sector hits new high but unable to breakout then the market might be in a corrective mood.
3) Always, always avoid buying cheap stocks.
That includes a stock that is near the support level during a good market.
Avoid stocks under $20 and definitely penny stocks.
By Jay Deb
Commodities
2007-10-22
How To Trade Stocks Without Emotions(7)
Posted by cheahyeankit at 4:40:00 AM
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