The buy point is if you follow William O'neil's strict trading rules. I have my own trading rules I follow; however, it didn't take me long to realize that the IBD 100 stocks are money makers (I buy only after doing further research). The IBD is well known for picking great stocks. To each his own though. Good luck investing.
ha!! i just looked at the commentary on the one stock that they claim is at a proper buy point, and they say it is "4% above 33.82 buy point in 5-wk flat base". look at the weekly chart of HLEX and tell me how they are in a 5-wk flat base. JOKE!
same here Manila,,,I have numerous winners with IBD...I have had good luck finding potential IBD 100 candidates at the Screen of the Day...
cmed just got added back to the IBD 100 yesterday...nice growth for a China Medical play (laser that kills cancer cells)...
the stock is cheap right here..check it out...
Looks like last day this week before more favorable coverage of our growing dynamic gem over the weekend.
I don't follow Investors Business Daily much
(I am more a Financial Times, Barrons, WSJ,
and the web, Value Line, S&P Outlook, SEC Edgar Database, and Motley follower...)
but I expect IBD will continue their respectful coverage of our still undiscovered NSSC gem.
Long and Strongest NSSC (& BMRN)