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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Helge Collins who wrote (6602)	11/11/1998 5:50:00 PM
From: Webster Groves	Read Replies (2) \| Respond to of 7247

I'll second Helge's comments. Surely you all realize that Tim's thread is on the top of the hot subjects list at SI. Why so many clicks ? Don't believe for a moment that every lurker reading this thread is a cheerleader, or even on the team. People read "I'm going to buy on the open" and lick their chops. You assume the pumpers and the dumpers are one and the same - not necessarily so. A true pump and dump has the pumper selling at the high. NEWZ was weak all day after the opening- the writing was on the wall, but some insist on fighting the tape and then complaining that others sold. Of course people were selling, why do you think it was dropping ? Don't give me the MM all day story. GREED is the problem here; the picks were good for short plays, but some want MORE. IF you bite the hand that feeds you, don't be surprised if it gives you a well-deserved smack in the face. web P.S. I lost nothing because I didn't play. Remember Tim's old-time rule "Don't chase a stock (except XYLN of course)".