SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (35978)1/22/1999 12:16:00 AM
From: Dwight E. Karlsen  Respond to of 164684
 
okay, quiz time. The first lesson that all the newbies have hopefully now learned is:

1) Don't be the last fool. You can avoid being the last fool by not buying companies that have poor fundamentals.

Now for lessons #2:

2) Don't try to catch a falling knife. If the company had poor fundamentals yesterday, one week isn't going to change that. The downside of buying a stock that's going up in spite of poor fundamentals is, since it didn't go up for fundamental reasons, you can't expect fundamentals to hold the stock up. When momentum interest fades, the stock falls.