Archive for July, 2006

Technical Analysis Trend Down

by Rich Hamilton
July 18th, 2006

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Many investors are attracted to stocks whose price is falling. These investors are in search of a bargain – a natural human instinct. O’Shaughnessy found that a strategy of investing in stocks whose price had fallen significantly resulted in poor returns compared with other strategies.

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Technical Analysis Trend Up

by Rich Hamilton
July 18th, 2006

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An uptrend occurs when stock prices trace higher highs and higher lows. We can add a rising trendline to a chart by linking the low points. Some trends continue for many months or years, others for days or weeks. We need an objective measure of the point at which a trend begins and ends.

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Safe Stocks

by Rich Hamilton
July 18th, 2006

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In looking for market verification, we’re doing something rather similar to Buffett. One of the rules Buffett sets before he buys a stock is “increasing market value”. This rule requires that for every dollar per share a company has reinvested in itself, the share price should have increased by at least one dollar too.

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