In response to Schumpeters-Ghost's comment:
In response to Joebreidey's comment:
Half the world waits until a stock is at its peak before they buy. Some people look for stocks that had a rough stretch and got oversold.
Who do you think goes home with all the money?
Try this experiment. Find 5 or 6 stocks that have traded at historic lows to close out last year. Buy those stocks and wait 12 months.
You will be broke.
When a stock hits historic lows - it is almost always a bad investment =- beccause that historic low goes lower.
The Sox have picked up 5 or 6 historic-low stocks this off season. No need to guess how that will turn out.
An investor would be better served putting his money into TWO solid stocks than 6 speculative, gasping, collapsing stocks.
Your positivity is overwhelming sometimes.