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Friday, August 29, 2008 10:54:40 AM
Looking back at the last week or two here... I'm not seeing that I was too far off in noting the predictors of change here and calling attention to them before the changes occurred ???
Otherwise, I don't think the price action on one day, or one week, or one month... determines the outcomes of investments which will likely take some time to reflect changes in the company, in the markets for the product of the company, and in the economy...
There are different interests to consider here... ranging from the concerns of day traders to those of long term investors... with focus elements ranging from technical aspects only day traders will care about... to fundamental elements only long term holders need to consider.
"Don't watch" what is coming and "Bollies pinching to a point"... were wrong ??? Likely doesn't or shouldn't matter much to long term investors that share prices are lower now than they were two weeks ago... but some traders likely found those notes timely ???
So, where do you think the share price will be next week, next month, next year... three years from now?
What are the odds the company will be bought out in the next six months... or that the unions will refuse to make concessions ???
I guess, if you don't post any opinions, I can note that you haven't been right once, ever... ???
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