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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: Swami who wrote (35362)4/17/2000 10:40:00 AM
From: the Chief  Read Replies (3) | Respond to of 62348
 
I guess Chief you dont think this is a fake rally (Bear Trap)?

I honestly don't care if it is or not. I buy stocks on the basis of their price, not market emotion. If some dork wants to bail out of a stock with earnings or huge potential at a 60% discount to a "reasonable price" I'll buy, if they then intend on bailing at a 70% discount, I'll buy again. If the Nasdaq wants to fall another 500 points and I see a stock I'd love to own, I'll buy. I don't try to buy the bottom, I buy the story!

the Chief