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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: kodiak_bull who wrote (13395)4/20/2002 8:25:15 AM
From: chowder  Read Replies (1) | Respond to of 23153
 
KB, thanks for the kind words. You forgot to mention DDS too. It's my largest holding and I did lock in some 90% plus gains in about 6-8 weeks, even though it's still my largest position. I may liquidate soon though, we'll see.

I have every intention of playing AMD when the chart lines up. Average volume is 6 million shares a day. A lot of people will want to try and ride this one back up, fundamentals or not. It should have decent price support on the way up.

A POS stock can reward you with a decent profit if the technical indicators support the move. A fundamentally sound company will not present a decent profit until the technical indicators say it can. The common denominator in any rising stock price is the technical indicators saying it will go up.

When people say they are waiting for the market to catch up to the fundamentals, what they are really saying is that they are waiting on the technical indicators to recognize this fundamentally sound company.

The price won't go up until the indicators say it can go up.

I feel better now too and I haven't even had my Wheaties yet.

dabum



To: kodiak_bull who wrote (13395)4/20/2002 8:48:39 AM
From: quehubo  Read Replies (2) | Respond to of 23153
 
NBR you say? Ha, Riding OSX from the bottom anywhere from 75% loaded to heavily leveraged has been very rewarding.

I reloaded NBR at ~$39 a few days ago with equity and calls. Needless to say the calls are up 125% already.

I am sitting 125% loaded into OSX and suspect gaining rewards over the next 6 months will be a piece of cake. My trick will be getting up and walking away from the table.

I think I will caution my wife that if she wants to keep me from squandering our gains again, she should read Jim_P and Dabum's posting everyday. Perhaps she will need to arm herself with a baseball bat and force me away from this craps table with all holdings when my euphoria is booming and the sages of HTP /BDBBR are warning caution at OSX 125+.