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Strategies & Market Trends : Get Rich Quick!
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To: David Galan who wrote (31)11/13/1996 8:01:00 PM
From: Terry Blount   of 84
 
I do most of my internet research at www.DBC.com at the bottom of the main page you can view various markets with their highs, lows and volume. However, days like today the lowest gainer on the list of gainers is still 17% and that's pushing the high side of the limits of this method, getting in/near the zone where some investors start taking profit. You should take a look at a chart of the last one on the list today - SCIXF - although this is a foreign stock (5 th letter F) and had 17% gain today, it has the kind of chart that is VERY common among stocks that are ready to take off again... at least enough that it is not uncommon to skim 15% - 20% profit within 10 market days. If I were not 100% invested I would buy it if it hasn't started tanking by 10 am - and see if it takes off. If it doesn't I would dump it as soon as it drops 1/4 below my entry position. It would have been better if the volume was higher today. With only about 400k traded compared to a float of 43 million shares, that trading MUST have been almost ALL buying in order to push it up 17%.

If you got money that isn't invested, give it a shot if the bid didn't fall by 10 am. jump in an make US some money... or lose a little of YOURS...<grin> The current bid is 9 5/8
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