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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Wuihan Cheah who wrote (457)8/14/1997 10:55:00 AM
From: VALUESPEC   of 7396
 
It's nice to hear that you received a timely and welcome reply from your broker, E*Trade.

I hope you didn't sell all your "tons of AUGI". It is strong. Why sell it all when its rising so quickly and the chart looks so good?

I'm still holding all my stock from yesterday including:

QGLY, MIND, BNGO, IKOS, ECGOF, AUGI and CPQ. I may sell my CPQ soon. I obviously bought too early. I should have been out days ago.

Today I've made back most of my loses from yesterday. I'm doing over 100% so far this year.

Regarding holding just before earnings: That can be dangerous, too. QGLY was supposed to report on friday. However, they got the brilliant idea of reporting on wednesday instead, and I got the brilliant idea of holding my QGLY for a 3 pt drop. Bouncing back some today. I'm still up nicely on that and I was only holding 1/3 of my original positon.
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