THIS IS MY OLD BLOG. GO TO THE NEW ONE: Guy Tavor

Wednesday, September 28, 2005

Stocks: Tenaris (TS) climbs on

You might have read here, that I bought Tenaris (TS) on May 5th, at $69.
Today, TS has reached $138.
Now, if you follow rational or growth investing techniques, you might want to take some money off the table - reduce your total holding back to its value about 50%-60% ago.

But, if you’re following Nicolas Darvas’ strategy, you might want to buy MORE of this stock just about now.

My gut feeling tells me that I need to buy more of this stock - but - I have no funds left - I am all in-the market.





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