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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: 18acastra who wrote (3668)11/24/1997 3:57:00 PM
From: SJS  Read Replies (1) | Respond to of 95453
 
It's all those smart people with 5 baggers that NOW want their profits. Maybe their being smart twice.



To: 18acastra who wrote (3668)11/24/1997 4:03:00 PM
From: Iceberg  Read Replies (1) | Respond to of 95453
 
>Why doesn't anyone talk about fundamentals

18acastra,

Mainly because fundamentals don't drive stock prices. People's emotions drive market action...and TA reflects market action...i.e. - - people's emotions.

Ice



To: 18acastra who wrote (3668)11/24/1997 4:04:00 PM
From: The Perfect Hedge  Respond to of 95453
 
From what I gather,alot of people on this thread are shorter term traders than you.Just a different approach and charts become more important.GD



To: 18acastra who wrote (3668)11/24/1997 5:15:00 PM
From: Tom L. French  Read Replies (1) | Respond to of 95453
 
18

>>Why doesn't anyone talk about fundamentals as opposed technicals/selling pressure.<<

>>Either you believe in long-term fundamentals for oil patch and therefore stocks are cheap, or you don't and should not invest in sector.<<

18... very very easy to say. Read some posts here. Lighten up.

-TomLF