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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: TATRADER who wrote (3777)	1/10/1998 11:05:00 AM
From: Paul A	Read Replies (1) \| Respond to of 7396

fantastic... you just made my weekend Mark!!! Unfortunately I respect your abilities as a trader so knowing that you would short FORE has just put a burn in my stomach... Hey, we are all in this to make money and if you short fore and win thats cash in your pocket. I like FORE based on the upcoming numbers. It also has shown alot of institutional buying over the last week so im betting on accumulation. What dont you like about FORE? or should I say, what do you like about it :) cmon Robert... tell me you like FORE so I can sleep tonight... Im sticking with it unless it slides below 15... I assumed 15 would be a strong resistance and it bounced off 2 times yesterday. I may have burnt myself not selling and repositioning but this has been an exhausting week and my friday 'complacency' may have just cost me some hard earned profit. I just dont like to make selling decisions when the market is being stricken with panic. TDFX has made me about 1/4 of my real jobs yearly salary in 1 week. Fundamentally the company is ridiculously priced, would look like a great short, but I still believe emotions steal the show... A stock like FORE can be read more from a technical point of view because most of the big players are doing just that. TDFX has a core group of holders who saw the technology, bought 100 shares and plan to sell them when it jumps to microsoft proportions. The stock is rarely effected by the market emotions.