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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who wrote (52187)6/22/2000 3:24:00 PM
From: lakers17  Read Replies (3) of 150070
 
This market sucks for longs....

The only people who can make any money now are the momentum traders and hat's if they pick the right one. Most of my pennies are short to long term holds and I can watch paint dry now. :)

In January and February I was trading 3-10 times a day. In the last seven weeks I have made 7 trades! Boring! I am fully invested have no extra cash and nothing is moving for me to sell and my losers aren't even breaking even so I can sell for some cash.

News is doing nothing to move most stocks even great news. The strategy might be to sell anything on a 10-20% gain because most move a tiny bit and come back down. This OTCBB market is dead.

Would have, could have, should have sold everything March 10th and done nothing. Lot's of floors and great buys now though but zippo cash. Lol

Lakers
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