Re: [RT] New Lows Stocks

[sire@xxxxxxx]

Rakesh,

I doubt Earl would go near one of your stocks.

There is a difference between buying strong stocks

on a retracement, and buying weak stocks making

new lows, especially those on their 5th wave DOWN.

Please get help before you buy stocks that have

no sign of going up.

Neal

 

> -------------- Original message from Rakesh Sahgal <rakeshsahgal@xxxxxxxxx>: -------------- 
>
> Neal,
>
> One of the people I admire most on this list is Earl
> Adamy, matter of fact you can say I am his fan. Sorry
> to drag your name into this Earl. 
>
> Once he had said from the point of view of capital
> conservation best thing is to buy retracements rather
> than buying breakouts.  I worked on that and found I
> actually started making money. 
>
> Subsequently I took this a step further, I started
> looking for setups which conform to AGET Wv 5
> definition. Surprising as you may find, a decent sum
> of money can be made buying such stocks which are
> categorised as the proverbial waste material.  
>
> Thats all I can say about the names I cited.  Whether
> they will be proven profitable or not is not known but
> yes they do look interesting. Maybe I will end up
> looking foolish maybe I will make money, lets see.
>
> Best Regards
>
>
> Rakesh
>
>
>
>
>
>
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