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Smith111

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Smith111

Re: justwatching77 post# 5410

Tuesday, 08/02/2005 5:59:55 PM

Tuesday, August 02, 2005 5:59:55 PM

Post# of 10735
Thanks for the feedback, what you said makes complete sense. I am not overallocated in this position, so my portfolio can handle the additional risk that is associated with holding. Plus, my cost basis is pretty low, so it will have to take a huge dive for me to break-even. I want to see some heavier positive volume and a 50-day MA firm support, that would be very nice to see.

"Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed."

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