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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Apollo who wrote (18460)2/23/2000 12:40:00 PM
From: tekboy  Read Replies (1) of 54805
 
Apollo,

why don't you try another MoSSTeBoFFS ("Modified StockHawk Short-Term Bottom-Fishing System") test? That would be a way of trying to scalp some points on your entry and illuminating the thread as well...

As you will recall, the procedure was as follows:

Pick the stocks you want to invest in, and then set a limit order a few percent below the market price. If the limit order doesn't hit, commit yourself to buying in at market a few days later. The only real downside here is that a sudden short-term updraft could screw you; otherwise you are likely to get what you want a bit cheaper than list. You could do a virtual test--that is, simply noting the original market price--or a real one, splitting your cash into pockets and using half to buy at the beginning and half to buy on the limit order...

tekboy/Ares@catfishtastegood.com
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