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To: Earlie who wrote (112593)7/13/2001 5:20:56 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 436258
 
edit;
I now see you were responding to a previous post...so, some of the following comments may be out of context to recent posts...sorry

I like 4 of those stocks....you may be thinking longer holds even past swing trades...what we've learned the last 18 months is nothing is a hold...investing is a thing of the past? You may disagree but many people now out of the market will back me up on that concept "I'm in it for the long haul"

valuations is subjective...Analyst are manipulating their own interests.....just do what the chart says....and trade that way....price often moves in advance of fundamentals even when they are correct?

JMO....the only reason I'm alive to trade for a living....fundamentals suck in markets like this. Too many emotional factoring in gains/losses...no reality as a base....analysts find reasons to justify ratios for their own needs....remember what they did last year....now look at them downgrade at 0-4?

maybe you had another point to make? markets have been considered a place for "investing" not trading....however, bear markets suck as an investing tool....that's why you guys are short?



To: Earlie who wrote (112593)7/13/2001 5:31:13 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
Nice read (by CNBS standards) from Christopher Byron:

msnbc.com

So what “limited visibility” really means is “un-manageability.” The CEOs who use the words are saying, in reality, “I can’t run this company anymore because I don’t know what is going to happen next.” But the fact is, they do know what is going to happen next: their businesses are going to keep contracting and imploding, quarter after quarter, until they can show a profit on reliable orders from creditworthy customers that are themselves actually profitable. That is the tipping point at which companies can survive on their own, and until they reach it, all companies are imperiled.