News Focus
News Focus
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lesnshawn

12/24/05 3:06 PM

#65315 RE: Bobby1010 #65309

Bobby1010: Positive developments. lns eom
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Relentless Despot

12/24/05 3:08 PM

#65316 RE: Bobby1010 #65309

Bobby, I think we are seeing more than one force at work.. first off the end of the year is upon us and therefore for tax purposes many if not most investors sold all losers to help keeping some of their money from the clutches of the government... If this is true then we should see a hearty uptrend starting soon as many will re-enter.
Second, all the witless blathering about the supposed Dec 15th PR lead many to sell thereby starting what we have seen which has been a bullish consolidation... a regrouping if you will.
Now again two things are about to happen from essentially the same two groups of people.. One, those who sold for tax reasons will re-enter, and two the brainless lemmings will also re-enter because they are looking for a Jan 15 PR.
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xanadu

12/24/05 3:17 PM

#65321 RE: Bobby1010 #65309

Bobby, one aspect down here in penny land is that the big movement players are either the MMs, day traders, and swing traders who sell to make a few sheckles every chance they get. We don't have a huge amount of true longs and their just sitting and watching does nothing for the pps. We don't have any institutional buyers down here. So expectations of PR and the longs buying more, somewhat begins to increase the pps. The day traders see this and buy and then they, as well as the swing traders dump after possibly a small rise. And it goes back down. As someone said a couple of posts ago, this should change when we have a confirmation of the Circuit City rollout and there should be a sustained upward movement as new, long, money buys those day trader shares, and any that the swing traders left on the table. I might add, to their sorrow.




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SRT8

12/24/05 3:21 PM

#65325 RE: Bobby1010 #65309

Stagnated is not the proper attitude...The PPS is reacting as expected by knowledgeable investors as the lunch room crowd has made exit because there has not been any recent fluff PRs and the real big money is waiting for actual roll-out in January.....intelligent risk takers are holding things up at this time...BB//BB
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hotair

12/24/05 4:10 PM

#65348 RE: Bobby1010 #65309

AH these are the slow no news days low volume days the kind of days made to get rid of all the worry wart kind of investors , I sugest going out and enjoying the holiday and let nature take its course. Amen