In fact, I will fully admit, as I have admitted before on other threads, that I enjoy trading and do best trading on market psychology. I fully state that anyone can do as they please. I am not here to scare or provoke anyone - just posting my opinions. As I am sure you know, as we both seem to have similar investing years of experience, there are many philosophies to investing. I have found that for me, I do best trading on market psychology. That's just for me. Everyone has their own methods. I am familiar with the fundamentals as best an individual investor can be. As far as CNBC goes, if you think they have nothing to do with market psychology, you are mistaken - almost every institutional investor, broker and dealer have CNBC on in their offices all day... And yes, I will freely admit I am a nervous DELL bull. Hard to tell where the market wants to set the price lately, but I am not bold enough to sell and short to reverse my long position. After all, fundamentals aren't everything... when the market doesn't even know where to value a company, things go crazy - check out the internuts... My very small position in AOL is the only investment - long or short - I've ever made in them, but they are a wonderful example of market psychology and would've been a great chance for me to make money. Fundamentally, do they deserve these valuations? I just don't know, but neither does the market. As I said before, good luck. Baz
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