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« Price of oil topping out? | Main | Top Ten Topicks--all time. »

June 30, 2005

Being a Winner--Rule 3

Whatever undervalued stock you are considering for your portfolio,  before making a final decision, make sure that the chart pattern is either positive or neutral.

But should the chart be negative then it is a no go. Your advisor can get a technical opinion for you. If you want to learn how to read charts the best book that this observer  has seen is the one put out some years ago by The Canadian Securities Institute (the educational arm of the TSE, MSE and VSE).  The book is lucid and logical and was written by a 22 handicapper named  Fraser.

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