Georgia Bard's Corner Message Board

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Pastimes : Georgia Bard's Corner

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To: Jim Bishop who wrote (7618)	11/24/1999 7:50:00 AM
From: Ga Bard	Read Replies (1) of 9440

Very well put Jim ... everyone likes to get into momo early. The problem you have is historical dumps when the stock was brought out for the second teir. Example EBLD, ALOY & PEAR are the most recent examples. ALl stocks are going to go up by sheer fact of a news letter but no one knows how much. Bottom fishing is about the only safe way to do it. Get in approx. 90 prior to it waking up then you got plenty of time to accumulate a healthy position and of that decide what your core position will be. Example you want say a core position in a stock and you want say 20,000 to be the core. You can accumulate over a three month period using day trades momo trades and so forth 40,000 then wait for it to wake up and your limit orders are filled thus leaving you the core investment and $0.00 in it. If it falls down you can always increase your position again and the next time you make money while retaining your core position. Good solid strategy is the best way to invest and the limits take care of a sudden run. :-) Gary

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