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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Thomas C (Hijacked) who wrote (32889)11/1/1998 11:41:00 PM
From: StockJock-e  Read Replies (1) | Respond to of 94695
 
Yes, I think I can explain. The market will move higher by the same means that gives stock like XCIT a $2Billion cap even though they dont even make money.

Makes perfect sense to me :-P




To: Thomas C (Hijacked) who wrote (32889)11/2/1998 1:58:00 AM
From: Silicon Trader  Read Replies (1) | Respond to of 94695
 
trade on what the market tells you and not what we are told to believe the market is going to do.

VBG

this was more for me, then for you, helps to see it in print <g> !!!



To: Thomas C (Hijacked) who wrote (32889)11/2/1998 8:06:00 AM
From: Haim R. Branisteanu  Respond to of 94695
 
TC, for the last 2 year at least, the market stopped trading on fundamentals but trades on stupidity, momentum or TA.

So a stock that moves higher is prone to move even higher regardless of fundamentals, until for sporadic reason the stock sudden collapses.

Some known examples are CD, CA, OXFORD Health and many others. reason given varies. Financial result are sometimes an excuse.

BWDIK

Haim


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