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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Softechie who wrote (12)12/19/2001 10:13:57 AM
From: Dave Gore   of 16631
 
Thanks, Softechie. More speculative, lower-priced issues are ones that I think you have a good handle on. I know I'm going to research all picks made on this board, as long as they fit the criteria.

Some of the beaten-down, lower-priced issues really ran the last two months (i.e. ARBA from $1.42 to $7.00). Pullbacks are inevitable but the big question is where does one re-enter these more speculative issues. I don't have a great answer, but am waiting to see if the Market still likes these issues. I have noticed momentum stocks are back to some extent. To see how much, I usually watch the stocks that Briefing mentions that are under $5.00. If they run AFTER they mention them, I know we have a speculative market again.

So far there has been some, but not the follow-thru in the next trading day that I used to see, and like to see, before I play these low-priced issues.

Stay tuned!
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