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Strategies & Market Trends : Three Amigos Stock Thread

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To: pipick who wrote (16915)	10/10/1999 8:14:00 PM
From: scouser	Read Replies (1) of 29382

Pipick, fundies schmundies- SKYM-GRIN-IFLY-ADAM- GDC ( too many times to count :-) ,if a stock is way over its 10 day average (say 50-100%) in just a few days mother nature takes over and the shorts ( plus the insiders) come out, down she goes back to fundies if she's lucky. I don't think I ever looked at fundementals in my life- don't have the time LOL. Oh yes now I remember I did look once, the company is paying 5% dividend and the stock is down the tubes , a competitor got 3 x that companies share price with losses of $4 /share and no sign of profit for many years to come on a buyout, so I am not a fundamental fan. I think a good friend of mine puts it in perspective greed/fear/greed/fear....take your pick.

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