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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: scott_jiminez who wrote (54556)4/14/2000 5:31:00 AM
From: Mike Petriv  Read Replies (1) | Respond to of 122087
 
I've just finished reading the YHOO message boards for ISLD and ARBA. The longs are in real pain over there, further compounding it by averaging down. Their weary desperation reminds me of the movie "They Shoot Horses Don't They." Still waiting for KREM to weaken; not losing any money, just bored. Playing ARBA every day for a few points; re-entered MEAD at 64 and 66 and prepared to short more in the 70s if need be.



To: scott_jiminez who wrote (54556)4/14/2000 7:09:00 AM
From: Mama Bear  Read Replies (2) | Respond to of 122087
 
"and you could have thrown a dart at ANY (fill in the sector blank) company at the beginning of (fill in time period"

I have heard this many times from people with 20/20 hindsight. I've found most people can look at a technical chart and tell you when the best time to go long or short any stock would have been. If it were so easy, why weren't you participating when it occurred? I'm not sure why you think the subsequent price action is relevant to a closed trade, or why you think a price rise means a stock isn't a POS. That is a common mistake among many traders. BXMNF went to astronomical price heights. It was always a con job though.

Regards,

Barb