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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Brian C. Lund who wrote (8950)11/21/1998 5:33:00 PM
From: Richard Estes  Read Replies (1) | Respond to of 12039
 
So many examples. The stock topics give these stocks a personality, they talk about them as if they are alive. There are a number of people who can not be objective, measuring risk and price/volume and time. They listen to strangers, or brokers. They have to have a subjective reason for move. Who is CEO? is there any cars in parking lot? When will product come out? They blame shorts, they get sucked in to the mud of stock topics. while loosing they find support there, they are a part of family. Grabbing for a reason to prove them right even if price won't. You think they are kids, but they are full grown adults risking their hard earned money seeking agreement. I am glad this has never been a stock topic.

A stock goes up or down based on the number of buyers/sellers. This is an auction. supply and demand. All the rest is to mislead. Analysts are wrong 75% of time, then they throw in "whisper" numbers. Anything to take your money.