The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Instock who wrote (20712)	8/22/1998 12:36:00 PM
From: Jonathan M. Morris	Read Replies (1) of 79308

"MICA gets Business Week mention. Because of the overall BAD Market conditions No Gap up or Run Friday. Monday might be the day it takes off for a short term run UP." You are completely clueless. The mention of MICA occurred in an issue of the magazine that is now over a week old; the magazine did not come out this week. That's probably one reason why there was "no gap or run Friday," as you succinctly put it. This is one more example of why the legions of novice investors that have flooded into this bull market over the past few years have, on the whole, been destroyed; if you're basing trading decisions on magazine articles without looking at the date on the magazine's cover, you should look into the calmer waters of index funds. Unbelievable.

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