DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Lazarus_Long who wrote (508)	6/11/1999 7:51:00 PM
From: -	Read Replies (1) of 18137

<you gotta scare em' into giving you their stocks cheap...> I completely agree with the sentiment. It's the strangest business in the world... there is no accountability. They even seem to believe all the B.S. themselves. Witness, e.g. the talk that internet stocks are very vulnerable to higher interest rates, "because they must borrow so much". What a load of malarky! It's the companies that carry real debt, or in the financial area, or that appeal to the more conservative investors that are more sensitive to that... or that investors would pull their money out of, and over into Bonds with higher rates. There are hundreds of other examples. That's why I like turning off CNBC, and just trusting my charts. I just watch out for major pending events/reports on the web... -Steve

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