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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Cornstock who wrote (9021)12/9/1997 3:42:00 AM
From: Doug R   of 79327
 
Peg,

There is one little detail concerning the "day after" on the Magic 25 release. How many of them gapped up at the open thereby eliminating most of the profit to be had by anyone buying the rec.?

I receive Individual Investor and one thing I have noticed over the last 6 months is that a mention in the magazine has often been "the kiss of death" in the short-term (3 months) for a large majority of the stocks. It's the old rule that once a stock is publicized, it's time to sell. A contrarian view to say the least. Alot of shorting occurs also. I think DIS became vulnerable to the same phenomenon but there's really no way to know for sure.

The new package that Sergio has forged offers enough talent to overcome the "publicized" effect. Overlooked, undervalued and on the verge stocks are out there all the time. We'll be all over them like a swat team. Wherever and whenever.

Doug R
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