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Gold/Mining/Energy : American International Petroleum Corp

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To: Sycamore who wrote (4411)	10/30/1997 12:39:00 PM
From: taxikid	Read Replies (2) of 11888

don't get it do ya? lets say you have one mindset- and that is to be a long when the mother lode arrives- why do you think naz stepped in her? stock FLEW from.62 to $7 in like a few months- here's a novel idea- buy at the bottom of the trend channel- and sell a half a point later- guess what you make like 9% each trade- i am long @ 4 1/32 today when we get to 1/2 I am out will rebuy- at $4- 4 1/6 and continue with this @ 1000 share blocks and guess what I really cannot get huet and i make a 500 a week if i do it just once- lets say that it takes a year for this stock to move- i will continue- like lets say once a week is it i will make 25k off of a 4000 investment- that is both liquid and easy- if it goes lower than 1/4 point off where my "bottom" is i dump so i lose 4% incl comm. at the end of the year lets say 50 weeks- i end up with 25 points even if the stock is still @10- if it is @ 4 i lost nothing taxi

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