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OmegaFlex, Inc. Message Board

  • pmlljl pmlljl Sep 18, 2006 4:08 PM Flag

    IBD methodology

    Investor's Business Daily isn't my cup of tea.

    As far as I can understand, their methodology is to buy if a stock goes up and sell if it goes down.

    So when they recommended OFLX, their followers drove the stock to new highs. Now that the stock is going down, I suppose their followers are sellers.

    I don't think that this is the rational way to invest.

 
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