SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Lucent Technologies (LU)
LU 2.8200.0%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Anonymous who wrote (19021)2/25/2002 7:43:08 PM
From: Anonymous  Read Replies (1) of 21876
 
Another "new" closing low. And if you'll take notice, the so-called average volume keeps dropping because the daily transactions keep getting smaller. Today, the volume was only 20,714,200 trades, but that was above what is at the moment the so-called average of only 20,395,000.

The term investor hardly applies anymore. Only little old ladies in Pasadena are investors which mean long term and that means years, not quarters.

If I've learned one thing in the last three years it's that I won't be an investor anymore. I'll be a trader whenever this market gets going.

Investors are only used to prop up the price of a stock while traders, speculators and others hope to make their short term gains.

They even have some company now advertising on MSNBC to play the cycle in the price of a stock and to buy and sell to make money within that cycle. At the moment the name of the company escapes me.

Personally, I hope that this stock doesn't drop below $5 because if it does and it stays there, I believe that eventually the company can be dropped from NYSE. Am I right?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext