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Strategies & Market Trends : The Dead Cat Bounce Theory
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To: Rocketman who wrote (23)3/19/1997 11:23:00 PM
From: stockvalinvestor   of 1836
 
Dave, ok. Here are new requirements beginning with tomorrow. As of end of
today we have total of approximately 13,000 or a 30% gain for the week.
We will continue to assume a 3:59 buy on the 1st day of the decline (with
1 day maximum holding period) and we will assume a 3:59 p.m. sell the
following day unless I feel that we have reached a top or there is an
extremely large morning bounce. Because we already purchased on paper atleast
13,000 worth of TRID at 14 3/8 we will keep all the money in the stock
for one more day. But beginning tomorrow evening we will hold back profits
and put 10,000 in each stock unless we fall below 10,000. Thanks for the
input from everyone.
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