Forum Archive Index - May 2000

[jesse <johne777@hotmail.com>]

Hi Jeff,  I think your right about chat rooms moving prices. It shouldnt
happen in this room....most here seem to have their head screwed on the
right way. I see a guy  in a US chat room  that can move a stock on his
say so, but the pattern is always the same. Low market cap, low volume
penny stocks with a sharp increase in volume (and sometimes price)
leading up to his call to the blind followers. Do your own  DD and dont
invest just on a recommendation or follow a personality and your ok.

I like your thinking on interest rates, though the  trend is that US
markets rally immediately following FOMC announcement. It's a high %
play for a trader, so if I insisted on buying into weakness, it would be
day before FOMC.  But I wont be, I dont see any reason for a sustained
Nasdaq rally from here.. I think it will look at <3000.....
j



----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
To remove yourself from this list, please us the form at
http://www.sharechat.co.nz/forum.html.