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Hotel Reservations Netwk. (ROOM) Message Board

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  • yoda12000 yoda12000 Sep 15, 2000 6:04 PM Flag

    So, Kanobys. I hate to ask, but are

    I said that on purpose- I wanted the longs to
    have a good weekend :)

    I covered today when I
    saw the pressure building. There were a lot of large
    buys going through this morning.

    I think I'll
    stick to retail stocks for the time being.....

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    • Yoda,
      here is a little prophesy for you, now
      that you covered ROOM will fall.

      I honestly
      believe that. Maybe 1 more up day and then
      down.

      Why?

      I think you are a type of invesor/trader
      who buys high and sells low. You panic at the
      top/bottom depending on your position.

      I am going to
      short, On Monday, at the close, if ROOM has one more up
      day. If it goes down on Monday, I'll stay
      away.

      The buys were going through because it broke it's 52
      week high. This is type of action that brings momentum
      mo-mos who can stand only one more day of advance and
      then they'll dump.

      I say give me one more up
      day and I'll short.

      momma