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When the Market Is Weak, Focus on the Strong: Buy eBay, Sell Abbott Labs
MINYANVILLE ORIGINAL Stocks are always telling you a story as is the general market. The latter is mixed at best right now with the short term having turned bearish and the intermediate term still bullish. Individual stocks are mixed as well. Some still show signs of strength while others languish. Your job is to ferret out the strong and to concentrate your investments in them while avoiding everything else. When the general markets is strong and bullish then almost everything works. When it isn’t you have to jettison anything that is suspect and concentrate in only the strong.   ...
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