>>Now, for your "buy signal". Again, what the heck are you looking at? You say the
50 and 100 day MA are about to touch? I agree. The 50 will cross the 100, to the
downside if anything!<<
I see we disagree here too. The 50 and 100 have come together like this
before--each time the stock shot up sharply. Thus, you often get a stocks
which will "bounce" off of the averages. Other than your short-term
indicators, there's no reason to think that they will cross. Anyway, JPM,
time will tell--I do not see lower 50s by any stretch, right now, SUNW is
a BUY.
>>One final point while I'm at it. You said "One of the unfortunate side-effects of this
medium is that it equalizes the playing field so much so that you can't tell the
difference...etc." Of course it levels the playing field! Hallelujah! It's about time.
Especially when you can back it up. My friend, stop whining about the medium.
SUNW doesn't know who owns the stock. This medium will little effect either way. The only credibility
out there in the final analysis is price and volume.<<
Just when you think someone will be nice--I am not "whining" thanks.
Your response, however, indicates you misunderstanding of how the net levels
the field. Of course I think that on the surface it is wondetrful, but
scratch that and you'll see that there are too many people who abuse the
system--making unfounded claims for one.
This statement in particular, "SUNW doesn't know who owns the stock. This medium will
little effect either way. The only credibility out there in the final analysis is price
and volume" demonstrates either your ignorance or intentional refusal to understand.
What SUNW know is irrelevant. However, what other small investors think
is quite relevant--but I think you already know that, huh.
Let's see JPM, we've got you "low 50s" prediction on the table--time will tell indeed.
GT |
