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Technology Stocks : JW Genesis (JWG) - online trading in the future?
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To: KM who wrote (39)5/24/1999 11:40:00 AM
From: DavidCG  Read Replies (3) of 78
 
Yep JWG steady at $18 - 19, and the market is tanking.

I have to admit the overall market scares me a little today. I remember 2 or 3 years ago a doozy of a market correction in the late May/June months.

Dow down 76, Nasdaq down 56 currently (ouch).

If I found one rule that has worked for me throughout the years, it is don't fight the market, you won't win. Don't short on up days, don't go long on down days.

Now I'm in JWG in the high $15's and I know it should not fall to there. That said, newcomers might wait until tomorrow to buy JWG.

After all, the last thing I want to hear is:
"I just bought JWG at $19 1/2 and its lower... this stock stinks!"

And yet that same poster will ignore the market has tanked. Which is more likely the cause.

JWG would be higher I believe if we had a neutral to positive market.

As to "experts". What amazes me is that there are only 2 bears of JWG and maybe 5 bulls on this board. And, tcd sides with who he assumes are experts: the two bears.

I guess my track record in finding undervalued investment firms counts for squat.

Message 6964032

Message 6996683

Note the dates of my posts, prices of the stocks, and where they are today.

If I have one flaw (well, ok I have a few), it is I don't hold stocks as long as I should.

Somehow 100 - 200% gains are satisfaction enough to me.

Good Trading!

-DavidCG

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