Tuesday, 21 February 2012

ARB Corporation (ARP) within cents of all time highs

I like to buy strength. The ultimate show of strength by a stock is a climb to all time record highs. ARB Corp is almost there (again). Buying such displays of strength doesn't always work out, but for traders and investors who have a risk management strategy to cope with losers, the times that it does pay off more than make up for the times that it fails.