February 16, 2010
Would You Buy DNDN?
$DNDN is routinely making all time highs and the question I pose this morning is, would you buy it now?
A lot of people are scared to buy all time highs. They think that since its at an all time high, it can't go higher and maybe its run its course.
From the weekly chart you can see that it just keeps on making all time highs.
But the reality is that ONE day it will have reached its all time high and then sell off. The real question then becomes, when has it truly reached its all time high? No one knows the answer to that question!
So the moral of THIS story is to always use a stop IF you buy an all time high, because you never know if THAT all time high was ITS last!






