Ed,
Here's my take on stock prices; you ready? Stocks go up and down. Period. We were at $10.50 last October. How come? Reason: it went up, now it's down. Some people will tell you that they can look at all the little blips and draw lines on a graph, and this will tell them which direction the stock is headed. Yeah, right. You think we should be at $5.00, how come? We are where we are, because that's where we are <G>.
Some people (lifes losers) see a stock go down, they panic, and sell. This violates the third postulate of that famous Greek philosopher Apostrophe, who said : Buy low, sell high. Personally, (meaning me, as a person), I believe the basic movement of a stock price is up, and stocks should be accumulated when low.
Tim -- in gloomy, bleak, overcast, terminally cloudy, miserable, swish swish swish of the wiper blades, radar screen always green, recreational boating hazards, April showers my ass, never ending rainy Pittsburgh -- Bo |
