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Strategies & Market Trends : Stock Crashes

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To: Leo C. Bouchard who wrote (361)	3/8/1997 10:15:00 AM
From: Udo W. Perkuhn	of 400

I'll be watching EGRP for dips to buy in on. USDL is back down in the high 9's, time to buy in again!!! Never drops below 8 1/2 and within 30 days is back around 12. I've been getting in around 9 1/2 and out around 11 1/2 (4 times so far) for around 20% each time and each turn within 4 weeks. I'll be putting my bid in Monday morning for 9 5/8 and see what happens. Also watch for an announcement on BZET around Wednesday. This round of hype is over and the stock is settling around 7. If they announce a resubmission on Wednesday (they have 10 days to respond to the FDA) the stock should go back up to the 10-11 range. FDA then has 10 days to accept/reject. Acceptance will mean a run up to the $18 range! 250% short term gain if all goes well. Down side is around $3-$4. What else are you watching? Any good crash plays that you've found? Good luck!

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