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Investment Strategies / Falling Knives
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Author: mungofitch 🐝🐝🐝🐝🐝 BRONZE
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Number: of 577 
Subject: Re: Alphabet
Date: 02/28/2024 8:57 AM
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No. of Recommendations: 5
If you believe their problems are fixable, I would say now. It's in a solid uptrend just having a bad week.

I have a position, just letting it sit there, the lazy approach (not usually my style at all). The firm is not going anywhere, and will be worth more over time.

But to your comment, I'm not as sure about the solid uptrend. The price has been (raggedly) lagging the average S&P 500 stock since mid October. Anecdotally I find changes in relative-to-market performance are sometimes a better leading indicator of a move.

Jim
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