New Bases May Take More Time To Become Apparent
Posted on October 29, 2009 at 18:45 PM EDT
A market correction is a risky time to buy stocks. That's why no charts in today's Your Weekly Review have a heavy border. IBD market writers and editors use that mark to highlight companies with superior fundamentals that also are near proper buy points or in sound bases. While those characteristics are typical of successful stocks, it's better to spend a market correction watching for new bases to form. Once the market firms up, it will make