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Strategies & Market Trends : WR's Momentum Trades

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To: Susie924 who wrote (8150)8/1/2000 10:28:45 PM
From: JamesB  Read Replies (1) of 11130
 
When? um,er...someday? Likely not before it finishes this slide to earnings. Each time I think it is near bottom I get a bunch and then sell on the next mini-run over 1 1/2. I just always keep a few K in case any news like a buyout or something juicy comes out when the market is closed...which is when it would come out, I am sure. That way I make a bit on the run and continue to lower my average cost. I never hold enough to do much more than make me really mad if it went to 0, but enough to make me pretty happy if it went to 3-5 range.

So, to answer your question, I have no idea. LOL
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