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Technology Stocks : Compaq

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To: Satyr who wrote (21433)3/11/1998 3:51:00 PM
From: Satyr  Read Replies (2) of 97611
 
A lot of posts on here continuously make reference to the fact that the smart money or the insiders have already taken action by the time we hear the news and seem to feel some form of conspiracy is at work. Lets face facts people who invest millions of dollars don't mind spending money to get the information first and I don't mean "Inside Information". If you were to spend thousands of dollars you could probably have the information that will be printed in a few days today. You would have private research firms keeping you up to date. That's no surprise. The big difference though is that they act on the information unlike most of the so called little guys. When your trading millions of dollars worth of stock you don't sit around and hope that something is false. You don't ignore technical trends that show that things are reversing. You don't say "well I haven't lost anything till i sell". They trade in and out based on the latest info as the little guy sits and hopes.
I'm sure I'll get flamed for this but then what else is new. <<GGG>>>
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