Harvey Newstrom wrote:
> Max is exactly right. You don't want to buy a stock after good news. You
> want to buy it before good news, and then sell it after everyone else has
> bought in.
> Harvey Newstrom <mailto://email@example.com>
> Author, Consultant, Engineer, Legal Hacker, Researcher, Scientist.
Harvey and Max are both right if you are considering a stock for a long
term investment, long term being more than a day or so.
If you can execute a trade extremely fast you can buy on the news and
sell a short time later for a nice profit.
If you can execute a trade extremely fast you can buy on the news and sell a short time later for a nice profit.