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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sal D who wrote (7241)	7/28/1998 8:11:00 PM
From: Sal D	Read Replies (1) of 29382

Just some thoughts for entertainment. People wonder what's going on with the stock market, they look at a few market indicators and things don't look so good. Nothing may have changed in the companies they are invested in but they say everybody is selling, so they start to sell (even some at a loss) and then they are part of the everybody and they fell better now, and the market indicators go still lower. Selling shares of a good company into a declining market is like throwing fuel on a fire, and gives the smart money a bargain once again. I wonder what would happen if 90% of the people never sold. The only thing I come up with is the smart money would not get a bargain entry price. Once again confusion and panic reigns supreme. You will all have to excuse me I have been working to many hours and I am upset I won't be around much during the day to take advantage of the bargains. Joe

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