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Gold/Mining/Energy : Manhattan Minerals (MAN.T) -- Ignore unavailable to you. Want to Upgrade?


To: Not_Active who wrote (3084)7/13/1999 12:54:00 AM
From: Jeff Dickson  Respond to of 4504
 
and it wouldn't give me a heart attack if this dip has put in the lows given the coming of news

Well, people who are prone to heart attacks shouldn't be in this stock anyway.



To: Not_Active who wrote (3084)7/13/1999 10:12:00 AM
From: TrueScouse  Respond to of 4504
 
Kacy:

<<I believe "wreck" was the word>>

It was indeed. I suppose "disaster" is slightly worse <g>. At least with a wreck, there is hope of salvation, which is some consolation for those of us who are long :^)

I'm not saying that I'm pleased that it fell rapidly from $8.50 -- just that I wasn't surprised and that I consider this a buying opportunity, given my bullish perspective.

And as you know, I'm not looking at this just from a technical point of view. Even if I was, I would argue that there are many different interpretations of the same data, and different possible actions based on the timeframe you're trading in. For example, a long-term trend follower can be very successful buying on strength and selling on weakness (i.e. breakouts), whereas a momentum trader can be doing the opposite -- and both can make money.

As you say, none of us know what's going to happen, and the market action will tell us.

Cheers,
Howy