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Cardinal Health, Inc. Message Board

  • markofbklyn markofbklyn Jul 9, 2004 6:32 PM Flag

    another day, another 52 week low

    i see everyone saying of the next few days the stock will hit 55 60 n75 90 100 1000. it's never going to happen. the selling is not done. as you can see if it was the stock would be trading higher. i hear a lot of talks about fundementals, and over a long term the stock is going highr. 1) when enron, worldcom, global crossing just to name a few, started to hit new lows everyone was aying the same thing well guess what they were all wrong. same thing here you guys are wrong. the lower it goes does not make it a better buy, it makes it a stronger sell. the rule for trading when a stock hits a low in continues, and when it hits a high it continues. trade off those rules and you'll make a lot of money. this is my opinion. do your own research

 
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