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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Casaubon who wrote (56610)7/14/2000 10:57:36 PM
From: American Spirit  Read Replies (1) of 99985
 
UIS was a loser bet at 26 but at 13 it's a steal. Check it out. Once in awhile I really fail to pick the bottom. Buying in the mid 20's was admittedly my worst trade of the year but I doubled down at 13+ and now average 19. I expect to recoup soon. Last year I bought UIS at 21 and sold at 33. The year before 11 and 19. Talk about oversold and undervalued.

Take a look at ADIC. Buy low and sell high, bull or bear doesn't matter. Recent 50% droppers like TYC and ANF have doubled off their bottoms. ORCL and CIEN were once in the doghouse. I bought CIEn a few years back at 8. If only I had not sold at 17.

Takes a little time but it usually works. Nothing stays in the doghouse forever unless it's a penny stock going out of business.
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