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Strategies & Market Trends : Ask DrBob

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To: iowamann, Spam Queen who wrote (6028)9/22/2000 12:29:51 PM
From: kleht  Read Replies (1) of 100058
 
iowamann - Not necessarily. With HAND you have to be fairly nimble. It's on a short term rampage. The time to have bought this one, I feel, was in the 30-40 range when volume sky-rocketed. This stock's moves so far have seemed explosive, which makes it a good trading stock. PALM's pattern is much smoother and seems, in my opinion, one to consider on a longer term basis. Fast-moving stocks should be great for trading purposes, but I understood your time is limited by your work. Based on this it would seem that you would be better served to do your trades on a somewhat longer basis than day to day. PALM could easily do well over the longer term. And HAND certainly gave adequate and timely warning, but mainly if you had noticed its normal trading pattern and coupled that with the sudden increase in volume in the 30 area.
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