NSCP will ignore fundamental knowledge.
Dear Adrian,
With interest, I read your message. There is a lot of fundamental
considerations on your mind, and you sincerely believe that they will
play a crucial role in the action of Netscape's price. While I have the
privilege of extensive trading experience, and can permit myself
to take much larger positions than you, I rely on the behavior of the
stock as well as its chart, without ignoring fundamentals.
(Fundamentals unfortunately do not tell you when to buy.)
What I see at the present that after NSCP took out the resistance
at 151-153, its next target is 175, which will be achieved within
the next ten days. NSCP will defy gravity, and all skepticism and
considerations coming from the average investor. Don't you see
that at 158 3/4, it's mostly institutions and large holders that are moving
the stock. Do they have any problem to move any higher? Do they
have any interest to move it lower? I think you see the answers day
after day after day. Do not wonder, you are dealing with a major winner.
You will be lucky if you will have a few of them in your entire life.
Good luck.
--Magnifique |
