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Magal Security Systems Ltd. Message Board

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  • surrational_investor surrational_investor Apr 29, 2004 8:44 PM Flag

    Re: LONGS AND SHORTS. PLEASE READ

    But dont let all this negative sentiment get to you. If you plan on buy and hold I suggest not messing with anything like MAGS. Far to speculative this the kind of stock you should stop out RIGHT away if you are wrong, or just avoid. Buy and hold with the right stock march this year, and you would have made more then jumping in and out like I did. This market you need to be able to adapt, I think until geopolitical concerns abate we are stuck in a trading range with everyone taking profits from high flying techs. So right now this is definately not a buy and hold enviroment. Commodities might be something to look into though for that strategy,as they get more and more scarce might be a good play. I dont have enough economic background yet to make a call though.

 
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