stocks in meltdown mode

[CRedskinsRule]

Originally Posted by MTK

Don’t waste your time with trying to invest in individual stocks if you don’t know what you’re doing. Open up an IRA.


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Right now, I think you can look at the previous 12 months. For example, Dell was trading the full year between 50 and 70. After Feb 22nd (CV) it's tanked to 27. It's now at 42. The key is to see which stocks might have nosedived from a consistent baseline, to a multiyear low. I would never day trade in a normal market because I am not that smart, but right now you can look at some stocks and see that they "should" at least get close to their pre-CV position, or if not all the way, at least enough to pick up solid short term gains, and positions in value stocks.