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Strategies & Market Trends : Ask DrBob

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To: fidopoo who wrote (6456)9/26/2000 2:15:01 PM
From: FLACK  Read Replies (1) of 100058
 
fidopoo re: Gorilla
"The reason the Gorilla doesn't always buy on the initial day a stock hits the radar, is because he rather wait to see if it was a "false" reading. The stocks that move up, usually do it rapidly and significantly. So, by waiting a few days, you may actually increase your return by even a few more percentage points!"

Is it time yet?
On his list is MERQ. Five days ago it broke to a 52 week high.
But, while the Gorilla was waiting, afraid of a "false" signal,
it has climbed about 19 points.
Hmmm, maybe it wasn't a "false" signal after all.
But, better wait until it goes up another 19 just to be sure
you can make "a few more percentage points!"
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