Buy When It's Down
The best time to get into a hot stock is when it is taking a "breather." Take a look at Apple (AAPL). With the stock selling off because of declining iTunes revenue is no reason for the stock to drop from $93 to $86. I would still consider setting a stop-loss to avoid any unnecessary pain.
Note: I have no position in Apple as of 12/12/06.
Invest at your own risk. Consult your financial advisor.
Note: I have no position in Apple as of 12/12/06.
Invest at your own risk. Consult your financial advisor.
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