GREY:GULSF - Post by User
Post by
Dave4444on Apr 05, 2007 1:45pm
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Post# 12557015
Panic is an amazing thing, it drives
Panic is an amazing thing, it drivesstock price up as people panic to get in and then down when they panic to get out. And yet the fundamentals of a company may remain the same the whole time. Interesting to watch though. No matter that nobody can tell whether there is oil or not, once the price gains momentum in one direction, it keeps going until it gets so rediculously oversold or overbought that nobody can ignore the obvious. Who is brave enough to buy or sell when that occurs, for that is where real money can be made.