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Technology Stocks : Symantec (SYMC) - What does it look like?

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To: Ilya A. Vasserman who started this subject9/4/2000 4:20:07 PM
From: mr.mark  Read Replies (1) of 2069
 
symantec thread,

having loosely followed this stock for awhile (i love symantec products), and witnessed the steep price decline, i wanted to share the following article with you

examiner.com

especially these two paragraphs....

"When a particularly strong stock gets socked for a sudden 10-point loss,
keep in mind that the illusion of weakness has been deftly engineered by
shakedown artists. Typically, they have just unloaded shares into a steep
rally and wish to accumulate more stock at lower prices before repeating
the cycle."


and....

"Forget everything you may have learned on CNBC about what causes
stocks to move up and down because it's not "fundamentals" that drive
them. In fact, shares usually fluctuate at the pleasure and discretion of
institutional heavies whose skill at manipulating the fear and greed of
others would make Machiavelli weep for the little guys."


fwiw

:)

mark
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