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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade
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To: Ken Wolff who wrote (128)1/8/1998 8:41:00 PM
From: Rashid Garuba  Read Replies (2) of 2120
 
Thanks for the reply. It is quite difficult for people to comprehend how a good company's stock can be dragged down by the market. They keep saying "it's an excellent company", "they just released blowout earnings". Yet the stock is dropping.

I say "it's all in the price action". I don't care what the CEO, analysts, CNBC...etc say. When the stock is moving in my favor, then I beleive what I hear.

Rashid
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