I got a nice quote by William J. O'Neil from this web service called Investors Quotes Daily. They send out a free daily quote from him. I highly recommend it. It's a great way to stay inspired.
Good Stocks are like a Pitchers Fastball
"I don't like to buy stocks with a Relative Price Strength ratings less than 80. In fact the really big moneymakers generally have RS ratings of 90 or higher just before they break out of their first or second base structure. The RS rating of a potential winning stock should be in the same league as its pitchers fastball. The average big-league fastball is clocked at 86 mph, and the pitchers throw "heat" in the 90s."
William J. O'Neil, How to Make Money in Stocks
No comments:
Post a Comment