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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: CatLady who wrote (7750)12/3/1997 4:06:00 PM
From: Bearded One  Read Replies (1) | Respond to of 9285
 
We all shoulda waited til tomorrow. Shoulda woulda coulda. Historically, the market has had lots of price cuts and done well anyway, because of the vastly increasing volume. So the unwashed masses probably associate price cuts with increases in efficiency, lower supplier costs, etc..., basically, they all think price cuts are always good things. We, the intelligent, talented, and beautiful, know that price cuts can also occur because of too much supply chasing weakening demand. I believe that this is the phase we are entering.

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BWDIK,