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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: TraderAlan who wrote (5397)	11/13/1999 10:53:00 AM
From: KM	Read Replies (1) \| Respond to of 18137

Do you ever get "values" stuck in your mind which hinder trading? For instance, I have been unable to buy CIEN since it went north of about 40. I've been trading it over and over and over for a year now at prices ranging from 9 to about 40. To me now, it seems wildly overvalued and I'm afraid the bottom could drop out at any minute. Same thing with AFCI. I like that one but bought it last year at 4 bucks and can't stomach paying over about 17 for it now, even as a trade. I feel like I'd be a "greater fool" <G>. No one else seems to care what I think, though, because they keep bidding them up <G>