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MUSHROOMKING

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MUSHROOMKING

Re: moneyman182 post# 438

Saturday, 03/01/2008 11:19:40 AM

Saturday, March 01, 2008 11:19:40 AM

Post# of 5576
the pull back is selling the news when or just befor news comes out you see a run up on the rumor and if the news is what was in the rumor or worse then it sells off some unless its a bad pr if the news is better than the rumor it will hold the price or go higher. thats why they say buy the rumor and sell the news. its easier said than done. but if you think about it the news is not new its old by the time we read it it has been accounted for by floor traders and we take the hit if we buy on the news, so buy the rumor and sell the news holds

Lightning cracks the blackened sky,
Hear the thunder chariot ride
All brave men with hearts of war
Ride the path of mighty Thor

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