How often have you heard that oft-spoken phrase, “Buy low, sell high”? Sounds sensible, right? Wrong! The problem with this statement is that no one knows what low is, especially in a bear market. The mistaken investment belief that this phrase can actually be defined in stock market terms has cost investors dearly over the years and allowed their losses to grow.
Jeffrey S. Weiss
Author
Jeffrey S. Weiss, CMT, has more than thirty years of experience as a stock market analyst and is a leading media expert and motivational speaker on the subject. He has been the chief technical analyst at several nationally recognized investment firms and has been featured in Barron's and on CNBC, Bloomberg TV, Fox Business Network, and Bloomberg Radio. He lives in the New York City area.
