
Ep. 41: How to Trade Like A Jedi With Ed Carson
Investing With IBD
00:00
The Parallel to Investing
The plot for the last Jedi was basically, why don't we just keep on going until we run out of gas? That is literally their plot. And if you do that with a stock that is under pressure, I mean, if you say, well, Snapchat will come back and then it'll wait for like two years to bottom out, that's not a good strategy. The way you don't do it is just sit there and wait and hope things turn around. You saw that they tried to hold off,. but eventually they broke through sort of a decisive break through the 50 day line.
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