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Re: dart1961 post# 54893

Thursday, 12/08/2005 9:44:00 PM

Thursday, December 08, 2005 9:44:00 PM

Post# of 286515
dart...I am one of the few who happens to like the consolidation and testing provided in sideways trading on a Growth Stock and that is NOW what we are IMHO.Far too many are still in the MOMO only mode of thinking that is typical of OTCs.Sideways trading in MOMO is next to thinking breakdown to the pure MOMO crowd and they sell and walk away then look for another..Zero commitment and long to them means holding overnight(LOL) at best.I like the liquidity they provide but would prefer the solid support of investors.The MOMO traders keep the constant illusion of dilution going because true longs say "who would sell this low" but the truth is the ones that sell that low are the ones who take HUGE positions and put it up for sale a bare fraction of a tick later! When momentum is strong it works but if a stock tries to base then it no longer works due to the fact that equilibrium is in place in basing...cant go up and cant go down til one side or the other gives up...and its usually the quick buck people that pull out letting the stock move up toward its true market on less volume....Simple

Simple