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To: craig crawford who wrote (115804)1/19/2001 8:57:21 AM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
>> No biggie. I just would rather buy SUNW @ 34 than INTC. Doesn't mean INTC can't go higher.
<<

Aside from any merits of any specific stock, I've reached the conclusion that the stock market is just a scam. Its a pyramid scheme for betting on 3 and 4 letter combinations.

By the way, this knowledge that I'm giving away free has cost me a decent seven-figure amount to learn. So you're getting a real bargain here.

I want to ask you a serious question. Don't need a hasty response. I've asked it from other serious people, such as GST, William H., Mark F., HJ. But they never gave an answer.

The questions is "in the severe down drafts, WHO IS SELLING ??????????????"

I personally don't know a single person among my acquaintances who sells into a price drop. Everyone I know buys on those days, yet when a stock decides to go down, it just keeps going and 10 million shares, 50 million, 100 million get dumped at all time low prices. Then a few days later, the stock gets bought with equal fervor.

Oracle is one stock that goes through that about once or twice per year. Intel also. Msft, I could name about twenty like that.

The only other puzzle is who buys on the all-time highs. But we do know that answer. Its the new economy boys.

Good luck (in picking out the lucky 4-letter combinations, that is)

Sarmad