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Strategies & Market Trends : 50% Gains Investing

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To: Norm Demers who wrote (15574)2/9/2000 12:47:00 PM
From: SteeliejimRead Replies (2) of 118717
 
I just bought a bunch of FFIV at 92 1/2. I might be a little early, but it looks a lot like DITC which I mentioned a couple of weeks ago at 112 (which I have bought and sold 3 times since for nice gains). Great earnings, coming off a lot of insider selling from end of lockup and price beaten way down. Noticed that past few days every downturn has been met by momentary spikes up on big vol. My buy was filled in a bunch of little chunks indicating that, at least at that moment, no big boys were happy to unload all at once.

Oh, and my fav. emotional contra-indicator--lot's of moaning and b------g on the Yahoo board.

Jim
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