Just did a scan with my Metastock explorer on the 52week high and Low to see which stock is at their best and which stock is at their worst right now. Well, there is no right or wrong whether to buy at high or low, it all depends on your strategy and also your risk appetite.
Currently the 52week high stocks are holding strong despite the recent correction, most are dividend stocks. These are good stocks but slow moving.52week breakout strategy: http://eresearch.fidelity.com/backtesting/viewstrategy?category=Breakout&wealthScriptType=FiftyTwoWeekHigh
Buying a winner: http://stocks.about.com/od/advancedtrading/a/Winners042805.htm
The stocks at 52week low are mostly stocks that are heavily sold down in recent correction, most people would be eyeing on these stock, hoping to make a killing in the rebound. Well, currently mid term trend is still down, any rebound from this 52week low list would be a good shorting candidate for us if market turn weak again.
No indication of buy or sell in this posting. For ur reference only.