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Radware Ltd. (RDWR) Message Board

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  • kdp2561 kdp2561 Nov 24, 1999 5:54 PM Flag

    vpotluri & buybuy

    longterm doesn't mean I will pay for a stock that
    is way above it's 10 day Moving Average. There is a
    value to buying at the lowest possible price, even when
    you're a long term investor. That's all I was saying in
    regard to long term. As for the momentum. I find that I
    can do much better long term when I purchase at the
    beginning of an upward trend. What this does is create a
    buffer. For instance I don't need to have a stop on my
    stocks because within the first few days after I buy
    they have already gone up. Just because I'm a long
    term investor doesn't mean that I shouldn't care at
    what point I purchase the stock. This is why I
    wouldn't buy RDWR or any other stock until there is
    confirmation on the direction of momentum.

10.91-0.02(-0.18%)1:37 PMEDT