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▲ mingus88 2 hours ago

Because good news indicates a relative high and that’s when you should sell.

Look at the 3 month chart. Strong quarter. Certainly doesn’t look like a deal I want to get in on

Now look at the 2yr 5yr and 10yr charts. Looks like historically high values

5% dips after hours is nothing

▲jldugger 2 hours ago | parent | next [-]

> Look at the 3 month chart

It took me a while to realize, but Yahoo charts was showing 3% up from Jun 30 to Nov 2. Turns out there was a huge drop on day 1, so where you start counting _really_ matters!

▲notaharvardmba 2 hours ago | parent | prev [-]

Wait, we shouldn’t be basing our investment decisions today on data from the past and projections from people with a vested interest in the stock going up?

▲kvuj 2 hours ago | parent [-]

But you literally are? By looking at past performance you are trying to gage when to sell at a relative high.