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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?

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To: van wang who wrote (2467)1/20/1998 5:31:00 PM
From: Jim Goodman   of 3431
 
interesting thought, but, as I mentioned I do not "do" "fundamentals/news", only long-existing, high-probability, repeating patterns of charts and sentiment, with stops....often, these kinds of "crises" turn out not to be anywhere near as bad as various Media overreport them, allowing brave souls to buy the near lows, as we all know.... that's why I diversify, so that no one issue dominate,s nor engenders any emotions in my psyche...I just do not buy the "further huge risk" that many people feel might occur....the biggest risk in GEMS was at the high around $ 50., when the masses loved it, right ? this is what normally happens during the bottoming stage of stock charts, historically...always scary near the lows....that's what diversification and stops are for, and ignoring the press, and removing all emotions do for us....best wishes, stay tough,
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