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JimVanMeerten (57.31)

G, Willi-Food International sell signals



May 31, 2011 – Comments (1) | RELATED TICKERS: WILC

This morning on Barchart I detected sell signals on G. Willi-Food International (WILC) and deleted it from the Barchart Van Meerten Speculative portfolio for negative price momentum.

Barchart technical indicators:

1 - 80% Barchart short term technical

2 - Trend Spotter sell signal

3 - Below its 20, 50 and 100 day moving averages

4 - 9.90% off its recent high

5 - Relative Strength Index 36.23% and falling

1 Comments – Post Your Own

#1) On May 31, 2011 at 9:31 PM, BuffettJunior1 (97.79) wrote:

Do you have any idea how ridiculous you sound? A chart tells you nothing about a company.

If you want to be a successful investor, think of investing as if you’re buying an entire business. For example, let’s say you had the money and wanted to buy Microsoft Corp. I’m pretty sure you wouldn’t care about what the company's stock chart looked like. What you would care about is how much cash the company can make, how good its product is, etc....

If you follow my advice it will make you a much better investor. Like Warren Buffett says, looking at stock charts to predict what will happen to a stock price is just guessing. In the real world a business does not care about Trend Spotters, Relative Strength, Price Momentum, etc... Its cash that matter! If a company can produce a lot of it then it will succeeded, if it can’t then it will fail, simple as that.

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