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Pastimes : Making Money and Preserving Capital on the OTCBB Market

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To: Wayne Rumball who wrote (185)6/11/2000 7:50:00 AM
From: ChrisJP  Read Replies (1) of 268
 
Hi Wayne,

Did someone mention an OTCBB summer rally ? Yes I think there is definitely one in progress. Ok, so I was 3 or 4 weeks early in my prediction. <g> Now that many NASDAQ stocks have rebounded back to their 50 day MA or higher, maybe some money will flow into getting some OTCBB issues back up there.

This won't be like the winter rally. This one appears to be more <ahem> selective .... more <ahem> controlled . Like May/June 1999. You know what I mean. And if you don't, think JVWB and OZON.

And if you still don't get it .... it seems that the same group of people know which stock will be the next to move. How much money you make (or lose) depends on where you are in the "grapevine" pecking order.

Me .... I just look at charts and take my chances.

Maybe we will have a fun 5 or 6 weeks before returning to "Capital Preservation" mode !

Regards,
Chris
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