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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Connor26 who wrote (7859)	1/11/2002 8:05:30 AM
From: lee kramer	Read Replies (1) \| Respond to of 26752

Good morning Connor. Yes, I have CNBC on. More evidence to me that companies can play with numbers... and why I ignore 'em and trade only from the charts...remember, all the good things that can be said about a company are meaningless if they are not translated into orders to buy the company's stock. Conversely, all the bad things said about a company mean nothing unless they are translated into orders to sell the stock. Sure, if I'm long a stock I prefer decent fundamentals; but a stock that moves from say 30-40 in two weeks has little to do with the company. Has the company's "value" grown by 33% in two weeks? Nope.