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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: SMALL FRY who wrote (61436)9/16/1999 7:39:00 AM
From: Doug Robinson  Read Replies (1) of 120523
 
SF-I'm a big fan of position trading. Got into AIRO at approximately the same price. I've reviewed my trades for many years and the position one's and the long term positions that one buys at the lows have been significantly more rewarding than the day trades. I like the day trades but the longer term buys are more rewarding by far. As one astute trader recently remarked, "I've made a fortune trading stocks but I would have made more if I'd held them for a longer term." Of course, if one decides to buy stocks after they have made some major recent moves they are much better off day trading them. I think over the long term AIRO's got more run in it. With the lower entry point you can trade off some of the shares for an excellent profit and keep the remainder. The nice thing about keeping the remainder is that they offer a great cushion for buying more shares on pull backs from their recent highs.
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