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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jenna who wrote (51688)7/21/1999 6:30:00 AM
From: Jenna  Read Replies (3) of 120523
 
My opinion on WAVX? Nothing has changed. Its good for a quick $500 bucks intraday. Little snail stocks like WAVX that move like snails we'll leave for the snail farmer but we are looking for intraday 5 points and more.. I might just leave the -3/8 for granny who will enjoy how slowly this stock moves, she doesn't need to move her arthritic finger too much or strain her eyes because the movement is ever so slight.

If it does pick up I'll be in there as quick as mercury. I'll pick it long or short as I see fit and only short term. Its fundamentals or lack of don't interest me an iota, I look for momentum,investor sentiment and will go with the trend, whether it be long or short. Oh sure it might fall farther or rise as a dead cat bounce. I have no need to kill it or embrace it, just trade it.


And to be honest by the time this one falls enough we'll have made scores of points on our other stock selections and also get stopped out of a few, that goes with the territory.

So watching WAVX is like watching paint dry, the controversy is ridiculous. I had a heck of a better time watching my triple bagger in EXDS and two successful trades one before it fell (since it was called long on our watch list it gained over 30 points) and hopefully pull off a few more points today as well, or sell.. no biggie there is always a good trade just around the bend.
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