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Non-Tech : PSUN A new breakout at $30+! -- Ignore unavailable to you. Want to Upgrade?


To: Duane L. Olson who wrote (868)2/5/1999 3:33:00 AM
From: Toby Zidle  Read Replies (2) | Respond to of 1622
 
The optimist will tell you, Duane, that "we'll never see $27 again." That's B.S. Markets go in cycles. PSUN will get back to $27 again. But before it does, I'd like to sell at $40 {not holding my breath}.

Stocks move in cycles and trends with lots of zigzags. PSUN will test $27 again. The big question is whether you're prepared to invest then or whether a pullback gets you very cautious. If you recognize a pullback for what it is, you'll get into PSUN and make a profit -- that is, if you later can recognize the top for what it is and sell out before PSUN falls back to near $27 again.