BIMB, MBSB, long term weekly power trends.
If one had the foresight and the capital to enter long positions in these stocks and hold for the past 3 years, the rewards are obvious.
I heard a trader say to another that he chase a rubber glove stock, now 0.635 in anticipation of good result tomorrow. This trader first bought this stock at 0.49 on a tip from this group that cornered the stock, all long for many years, with the price below their acquisition price. He is lamenting buying at the highs, as his original posiiton he traded in and out for 1 or 2 cent provit, trying to be clever in active management of the position.
Which one would you prefer to be? The myopic short term trader or the visionary long term power trend player?
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