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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (4489)	1/10/1998 3:03:00 PM
From: David Smith	Read Replies (2) \| Respond to of 4701

Again, this is an example of the larger issue I addressed in a previous post. To my observation about VVID's 7% drop this week, you respond that the broader market was down. I have news for you: though the market was down significantly on Friday, many stocks posted gains for the week. VVID was not one of them; it fared WORSE on a percentage basis than the overall market this week, and on Friday as well. How do you reconcile that with your recommendation to buy it last week? You can't have it both ways...if the stock drops after it is recommended, it's because of the broader market. If it goes up after it is recommended, it's because of great research and TA. And so it goes.