7-29-2013 Comments

[MTman]

Mike,
I apologize for coming back to TSLA but it has been a great stock to learn from. One more question. . . in order to have bought correctly into this stock you would have bought when the market was in a correction. What are some parameters you have when buying a stock while the market is in a correction?

Thank you!
Mark

[Mike]

Mike,
I apologize for coming back to TSLA but it has been a great stock to learn from. One more question. . . in order to have bought correctly into this stock you would have bought when the market was in a correction. What are some parameters you have when buying a stock while the market is in a correction?

Thank you!
Mark

Oh Man! Do I get some tough questions here at times. Yes I do buy when the market is in correction but only when leading stocks are setting up an breaking out and a stock that I want to own breaks out. I wanted to own TSLA and it broke out before the market broke out. I decided now or never! These decisions seem tough but not really. Either it takes off or it doesn't. If it doesn't I exit, if it does I add to my position.