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


To: Michael Watkins who wrote (11990)4/1/1999 10:36:00 AM
From: tom pope  Read Replies (2) | Respond to of 43080
 
Thanks, Michael, tho I have to say a 40% haircut is pretty heavy punishment already!



To: Michael Watkins who wrote (11990)4/1/1999 10:44:00 AM
From: Susan Saline  Read Replies (4) | Respond to of 43080
 
personally I believe fundamentals play a minimal part in the trading of stocks

look at ANTC ... the movement in it yesterday ... was a joke, on someones' mention of a downgrade.

Every stock takes a dive, sooner or later, none are safe anymore.

Chartwise the odds are that DCTM will bounce

the company may be mismanaged ... but do you feel those buyers at 50 in January thought it was mismanaged then too? I feel such pity for them ... and all who buy a stock cause they feel fundamentals are safe, cause I believe none are safe.

just thought the risk:vs:return, was worth the chance.

thanks for the input ... it is appreciated :o)