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Technology Stocks : MSGI Marketing Services Group Inc.
MSGI 0.00010000.0%Mar 3 4:00 PM EST

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To: Eddie D. Gilbert who wrote (1431)6/24/1999 1:19:00 PM
From: David in Ontario  Read Replies (1) of 3418
 
Eddie - good luck - try not to chase too many fast moving stocks - 80% of day traders don't make any money - so be careful.

Todays news just adds to the tremendous base of client support that MSGI is building.

At this level MSGI is screaming 'accumulate'. The markets will be jittery up to the end of the month and potential rate hike of up to 0.50%. Many commentators have called for a small hike - some others are saying no as the long bond is now over 6% - but it'll be great to have it behind the market whatever way it goes.

July looks to be a great month for MSGI - and hoping to be on the NM by early August.

Take a look at the "fool" web site - particularly their Foolish Four model:

search.fool.com

This is a great conservative model with a proven record of success.

If I were you I'd use no more than 20% of my portfolio for day trading. If you are one of the few who does become successful - then up the level to 40% and so on.

Good luck,

David :)
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