GREY:JDUCF - Post by User
Comment by
amused2001on Mar 05, 2002 5:15pm
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Post# 4845921
RE: To all the techs.....where is the bottom?
RE: To all the techs.....where is the bottom?Blah blah blah.
None of you know anything.
The price of a stock only depends on one thing, the willingness of the populace to believe if the price is going to rise or fall.
Greed drives people into the market, Fear drives them out.
Fear is a stronger emotion than greed.
Therefore, it is easier for a stock to fall than rise.
I agree that JDS will not see 150 US any time soon, if ever, but $20 US a share this year, if enough people believe there's a buck to be made is not out of the question.
Conversely $1.00 a share US if enough people believe that it is dooms day is not out of the question.
It's all perception.
The trick is to use the perception to your advantage, jumping in when the time is right and out just before the time goes wrong.
Sounds easy doesn't it
:)