BCM oversold
Making Money In This Kind Of Market
How does one make money in a market such asthis? There are two options. The first is a long-term approach:Select high quality situations (strong balance sheet, sound management,excellent projects), accumulate stock on weakness, and prepareto hang on until the market turns (that could be a few weeks ora couple of years). The second approach is very short-term focusedbut recommended only for experienced investors and traders: Again,select high quality situations, accumulate in technicallyoversold conditions and sell into strength on rallies.We will provide some specific examples of both approaches in thedays ahead. Learning how to tell when a stock is technically oversoldand ready for a rebound is key. Having patience is also critical.There is plenty of volatility in the markets right now. No matterif the markets are going up or down, volatility creates opportunity.Learn how to make volatility work for you and profit from it.