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Pastimes : EXSO-holics
EXSO 0.00010000.0%Nov 7 9:30 AM EST

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To: Ditchdigger who wrote (1315)2/18/2000 8:08:00 AM
From: ChrisJP  Read Replies (1) of 1568
 
Hi Kenny,,,

The bounce plays come mostly from 2 sources: the obscenely high flyers that are bound to have an panic sell, and stocks that Susie finds. Unfortunately most of these come from the OTCBB.

Only every 1 in 10 are NASDAQ. A great bounce play was Rite Aid (RAD) -- an NYSE Stock no less !!!! But the news was soooo bad that I stayed away. But the people with the gutz to buy at 3- 4 made a bundle.

I believe the OTCBB mania is ending. This means I will probably switch to a longer term horizon investment strategy. -- but I've got my eye on a few biotechs, none of which I own and all waaaay up from their lows:

quote.yahoo.com

Keep in touch and if you find a bounce of stock ready to take off feel free to post it.

For example, I'm hoping the charts are right about TACO, but I'm looking for 50% over 3 - 4 months -- not very ineresting. And EGGS has a huge short position. I'm hoping that their earnings announcement causes people to bail enticing the shorts to cover ... might be good for 2 - 3 points if it happens.

Chris
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