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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Uncle Frank who wrote (114)2/19/1999 11:19:00 AM
From: LindyBill  Read Replies (2) | Respond to of 54805
 
Big Boys will let dell pass 85 on Monday just to taunt me.
Maybe we should start a thread called, "They are out to get me!"



To: Uncle Frank who wrote (114)2/19/1999 11:28:00 AM
From: Teflon  Read Replies (2) | Respond to of 54805
 
LindyBill and Uncle Frank:

This has nothing to do with paranoia. Its the Market, plain and simple. The momentum players cannot move the large cap stocks unless they have underlying help from the media, economy, Fed and consensus among market sentiment as to the mood of the market. We were at that point a month ago, and the NASDAQ was low hanging fruit for the taking.

Never underestimate the power of the momentum players. Sure the Day Traders and high school chat room wizards have made it more difficult for them. Now they just have to pick and choose their spots more carefully. Plain and simple. It's the natural side effect of having a market followed primarily by "Traders" vs. investors, with a mentality focused on "reaction" not proactive decision making.

Any thoughts on ATHM?

Thanks,
Teflon