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Strategies & Market Trends : Disciplined Investing, especially the NAIC way -- Ignore unavailable to you. Want to Upgrade?

To: - with a K who wrote (377)	2/2/2003 10:13:37 PM
From: The Philosopher	Respond to of 469

Re KG: the chart scares me; what's the catalyst to turn this turkey around? The chart that scares you is the stock chart. The SSG doesn't need turning around. As long as there's no fundamental reason to worry, I consider the stock drop just momentum stuff, which always turns around. The thing on momentum stocks IMO is to get out while the momentum buyers are still buying and get in while the momentum sellers are still selling If you're going to buy low and sell high, you have to buy when the price is down! Now, lots of times a low price indicates problems. But I don't see those here, frankly. I see the market worrying unnecessarily about non-fundamental side issues. Only thing that worries me is whether there are things I don't know.