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Strategies & Market Trends : DAYTRADING Fundamentals

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To: ztect who wrote (207)6/7/1999 10:14:00 PM
From: Don Pueblo  Read Replies (2) of 18137
 
Couple things:

Lose the 60s Marvel byline. Lame.

Actually, worse than lame. Annoying.

Secondly, you have no idea what you are talking about. There are a lot of hallucinogenic reasons to by an equity. There is one sane one.

To make money.

That is the reason the game is played. There is no other reason for the game.

If you want to believe that people buy a stock like CSCO because they have some ethereal vision about the future of the people that work there, that's your right.

What the rest of the world looks at, (including the employees, who have some interest in the company, as it were) is the price of the stock.

Sing Kumbaya all you want, dude.

If the stock goes down in price, the picnic is over, and you can hold all the stock you want. I, on the other hand, will be flat or short and when it gets Really Awful, and you realize that All is Lost and You Can't Go On Believing, you will sell your stock to me, or somebody like me, and I will take your money, and that's the way it is.

Sing Kumbaya.

'nuff said
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