RE:RE:Jason Donville on BNN
It could go a little lower...but its pretty close to bottom here....it does not have to get to 30 RSI...it could move up tomorrow or in a couple of days and be back over $35 in no time....the big question is not so much where the price is today a buck up or down but more important is where the price will be a year from now.....
Barry Shwartz was on BNN today and he commented on how investors now just trade and over trade and flip for a nickel when what they really need to do is the Warren Buffet style ...buy good companies as a reasonable price and check them once a year....makes good sense....as a matter of fact...most investors that trade in and out of stocks would be further ahead and more successful with their investments if they had just bought a good equity mutual fund and held it for the last 5 years....lets hope this one is one of Jasons great picks....BB28