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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Techplayer who wrote (41039)5/31/2003 2:20:43 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 57110
 
trin was high most of the day (once the LU trading stopped throwing the trin out of whack).

methinks we are in the final stages of distribution....seriously, upgrading NVDA and BRCM....and what was the stock that got upgraded because investor sentiment was up, not because of anything to do with the company's fundies?



To: Techplayer who wrote (41039)6/1/2003 5:39:41 PM
From: JustTradeEm  Read Replies (1) | Respond to of 57110
 
Personally, as a trader, I don't care what the FA yields for a market cap. Nor would I attempt to defend many market caps out there.

As I stated the day of the BRCM downgrade, I don't listen to analysts either; they have their own vested interest.

I guess I could still believe QCOM is worth $1,000 a share because it's what I believe it's "really" worth and what some analyst once said. I'd be a fool if I did.

Trading, I just let the market tell me where it wants to go; whether I agree with what it tells me is meaningless.

Will the market go down again, one day, maybe tomorrow but those who have failed to let the market show them the way because they don't believe it's "right" have missed a great opportunity.

I've missed enough to know.

JB