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Strategies & Market Trends : Bottom Fishing

QQQ 629.07

+0.5%

Oct 31 5:00 PM EST

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To: Jon Khymn who wrote ()	6/14/2000 4:02:00 AM
From: Jon Khymn	Read Replies (1) of 13

For a starter, bot some CTXS at 24s and NBCI at 16s today. I caught FNV on my last bottom fishing trip. I started to catch them in teens; however, it proved to be a falling knife and it tanked 40% more.(ouch!) So doubled at single digit... (now back to mid teens and sold most of 'em yesterday.) If the company is solid, I think it's worth to buy and hold till recover. I'm holding these for mostly 3-6 months. NBCI has book value of $40 and cash $6/shr.

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