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October 12, 2012
Edited: October 21, 2012
Share ThisEvery pull back in Bull Market is a buy
When market is correcting - A pull back is not a BUY - PERIOD
Just look at Apple $AAPL chart - if you had bought at say $660 when it pulled back from $700 - One will be sitting in a loss of $40
So if you are in love with a stock or emotionally attached - wait on side line and buy when the chart or market tell you
The stock should have one of two conditions
A. Volume dried up - watch for a volume up day and buy or wait for few days - let the maket sort it out
B. Let the volume dry out means sells ae exhausted and not much more to sell
$AAPL has some what meet the two conditions - need a confirmation day for up side
