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Strategies & Market Trends : P&S and STO Death Blow's

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To: Win-Lose-Draw who wrote (11881)10/22/2002 4:15:26 PM
From: LTK007  Read Replies (1) of 30712
 
yup. And that is also what is so phony about this bull action. It is going against NOT bad news, it is going against AWFUL news. MCD comes in with dreadful earnings and it ends up 64cents for the day.
I ask how many are buying now BECAUSE they do NOT have enough money and they are desperate.
They are not buying from any rational other than "i GOT to get back in!"(how many are buying for that reason?). The outcome of this kind of action will be dreadful, in the longterm.
I have just been watching JQP committing slow death,slow motion Hari Kari for over 2 years. Mindboggling. Max
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