I am the reason for the price dropping to 16.
Whatever stock I buy it immediately drops. I bought in at
26, then more at 21.
I bought SPSC at 51 and
it just hit 31. I also bought SFE at 94 and it is
now around 40.
Sorry guys - do the opposite of
me and you will prosper!
It must suck to be you...LOL...just kidding
Try investing in CD's or a fixed income mutual
fund...may pan out better :-)
But I have to ask you
about one thing... Why do you buy at the peak of a
stock's momentum, instead of getting a feel of the
intrinsic value of a stock and buy accordingly? For
instance, it is clear that SPLS at 16 is as low as it can
ever get... and that's when you want to buy. Buy
fundamentally sound companies and refine your buying/selling
strategies and you should do fine. Good luck!
Politically I agree with you :-)
I wouldn't worry about SPLS.
in the Boston area also, SPLS will recover!
been thinking of taking the plunge
into SPLS myself
- but I want to see how
the markets react on
Tuesday to the Fed's
announcement. That, and SPLS
seems to like
setting new 52-week lows, recently. .
What's up with your marital status? It
shown as Not Identified. . .
It is going to be a long time before it hits 30,
and it will not split till it get up there,,
I don't beleave you sold everything JUST to buy
Stop blowing smoke up everyones ass....
I shoot Trap, Skeet , and Sporting clays... I
like a moving target. It gives them a fighting
chance... and me a good chalenge... It keeps you thinking
on the speed, angle, what chokes and shell to
use.... I get board with a target that don't
The Thompson/contender is a great gun I here..
shoot nothing but Beretta's. 682 gold, and 391
Truth is, Most of the time in the past few weeks,
the market has been working with minimal volumn. When
that happens you can throw the technicals out the
windows. The factors controling the market are sporadic
and unpredictable. In small volumn markets, the day
traders have a larger influence on price and as a rule
the overall trend will be for a stock to slip down.
The Money has been coming out of the market in all
sectors, not just retail, and has not been going back in.
Most of the big money managers and their big money
clients are holding their money on the side looking for
some sign of a bottom. They may get that sign Tuesday
from greenspan. With all the key indicese showing that
inflation has eased, we may only see a .25 increase in the
prime, That will pump the market short term because .50
has been priced into the market. The problem with a
.25 is that a speculative situation will still exist
as to whether it's enough. If he raises it .50
points I think that the market will look at it as enough
and maybe too much which would relax fears for a
while and pump the market more long term and if the
next months numbers come in anti inflationary, he can
leave it like it is or even lower it a quarter point,
either of which will continue to help market conditions.
My vote would be for a .50 this time. Then the
market will be at odds at the end of summer over the
election. Two years ago it was the asian market crisis,
last year y2k, this year,
elections, It's always something, as long as it trends up
year after year that's what's important to longs and
Sure it is. Keep the faith Homer. You have seen
the bottom, but are to blind to see it. Every anylist
that covers retail picks Staples as a core holding for
stability and growth. Or maybe we should listen to a fool
like you instead.I am so confused.