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Strategies & Market Trends : Trade What You See, Not What You Think -- Ignore unavailable to you. Want to Upgrade?


To: Threei who wrote (565)5/9/2001 8:31:43 AM
From: nokomis  Respond to of 867
 
AND the cheapies often make major moves by reacting to news with more passion than their more mature counterparts.

LOOK news today: biz.yahoo.com

LookSmart getting 60 million hits/day and their customer list is quite impressive...sooner or later the awarenss of this oversold stock at its current value will kick in...waiting :)



To: Threei who wrote (565)5/9/2001 2:30:23 PM
From: Cormac  Read Replies (1) | Respond to of 867
 
Vadym -

Probably this happens because their movement is tied to general market recovery in player brains

I agree...I believe this is present in every market though a little more evident/noticeable now...I call it depth of confirmation and believe it is directly related to the fundamental of trading the traders

IMHO traders require various level/degrees (dependent on a wide range of stimuli/conditions) of depth of confirmation before putting on a trade...though I consciously do not have varying criteria for trades nonetheless an understanding of the traders and their mindset can be helpful (dare I say anticipatory) in the shortening of my own reaction times to market/stock movement

Regards,

Cormac