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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Jim Bishop who wrote (82303)3/27/2001 1:58:19 AM
From: CyberJas  Read Replies (2) | Respond to of 150070
 
Yup, I happened to read that post yesterday too, as well as this one:

Message 15559265

And I was picturing Wayne Rumball who I have yet to meet or talk to, or anyone with his experience in trading, laughing his a$$ off in March when the freefall started. I wouldn't short a BB, but anyone considering making money on the downside of the slope could just have shorted the hell out of a few way overvalued NASDAQ stocks at the time. And then sit there and wait to cover. Why would one bother daytrading in and out of a stock 50 times a day?

Message 15537342

See NASDAQ in the past year. 4 times MACD ema 9 crossed over 12-26 on the way down when both were still positive, look at the downtrend that followed:

bigcharts.com

One of many sure realized in due time:

Message 15551365

"Money can be made, bear or bull."

If only things could be that simple. Good luck,

-CyberJas



To: Jim Bishop who wrote (82303)3/27/2001 6:35:18 AM
From: ChrisJP  Respond to of 150070
 
It's not rocket science .... it's not complicated .... but neither is shooting a basketball through a hoop from the foul line.

But how many of us can do that more than 50% of the time ?

Hindsight makes us all geniuses. Even when I posted my 100% accurate post in April 2000, I put the disclaimer "But 3 months from now, it could all be over".

Message 13476375

I didn't know the party was over for sure until late August, when the NASDAQ hit a double top around 4000. CSCO closing under 50 was simply icing on the cake.

Yeah maybe its simple if you only own a stock for as long as your in front of a PC, but honestly, how long can you do that before you decide there's a better way to spend your waking life ?

Regards,
Chris