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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (20976)7/8/2002 7:20:39 PM
From: carranza2  Read Replies (2) | Respond to of 74559
 
Merck sold as $41 and change in Germany on Friday, yet closed at $47 and change today in the US.

As I said, a great trading opportunity for those with the trading instinct.

I suspect you are like a cat, landing on your feet all the time though I think you take crazy risks, like the Zimbabwean thing.

Someday, I'd like to focus on what it takes to be a good trader. I suspect it's as much knowledge as instinct, and a good psychological feeling for where the masses are headed.



To: TobagoJack who wrote (20976)7/9/2002 1:09:45 AM
From: LLCF  Respond to of 74559
 
<The market will soon enough realize that shaving 15% off Merck's capitalization is excessive given the zero sum nature of Merck's cheesiness.>>

Maybe... but they have a crap pipeline so clouded growth picture. They'll have to buy growth.

DAK