Retraction of my comments on TTM

This morning I spoke with my stock buddy, Judy, who is a shrewd concept trader.   When I mentioned today’s post on buying TTM on a bounce, she cautioned me that the company’s story had turned terrible.   She discovered that some of the economic actions of India’s government were hurting TTM’s sales of low cost autos.   I therefore would not buy TTM even on a bounce.

1 thought on “Retraction of my comments on TTM”

  1. I bought into TTM when you first mentioned it and rode it upwards until it broke below the 4-week average. It was an excellent short-term buy.

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