Ask Colin

No doubt you have noticed the continuing rise of Toll Holdings. In the past in your articles you have indicated holding onto stocks in rising trends and selling once that trend breaks down. Would you apply this logic to stocks like Toll, Cochlear, CSL, Perpetual Trustees, which have all been in long term up trends?

No doubt you have noticed the continuing rise of Toll Holdings. In the past in your articles you have indicated holding onto stocks in rising trends and selling once that trend breaks down. Would you apply this logic to stocks like Toll, Cochlear, CSL, Perpetual Trustees, which have all been in long term up trends.

These have been exactly the kind of stocks we should be holding while they are still in uptrends. If they are still in an uptrend when the market is in a bear trend, they are the best of the best.

This is not a comment on any specific stock you mention. Nor is it a recommendation to buy any of them now. I am only addressing the general question of whether these have been examples of the stocks we should be holding on to if they are still in uptrends, but selling if they fall out of those uptrends. Nor am I asserting that any of these specific stocks are still in fact in uptrends now (early November 2001).

I am sorry for all the qualifications, but I am not legally able to advise you about specific stocks, as you should know. To do so, I would need to be an investment adviser, which I am not, and to know your full financial circumstances and plans, which I don't.





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