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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Coz who wrote (927)4/24/1998 11:43:00 AM
From: James Strauss  Read Replies (1) of 13094
 
CAND...

Cosmo:

I also lost some money...

One would think that big earnings increases should translate into big stock price increases...

Either the general investing public is not sophisticated enough to see the real earnings growth behind the tax loss C/O, or they only look at the EPS, without looking at the quality of the numbers... Either way, this points more to a Gambling rather than Investing mindset of the average stock buyer... Such an atmosphere leads to eventual market breaks where prices fall faster than they had previously risen...

Jim
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