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Strategies & Market Trends : 3 months for 100% -- my stocks

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To: Feraldo who wrote (97)	5/28/1997 11:43:00 PM
From: taxikid	of 170

F- a rising tide will lift all boats- we have had a significant rally since you first posted- the question is would you have held, could you have held and at what particular % would you feel comfortable taking profit-- yopu can't go back and look at a HIGH and say you would sell there.a ten dollar stock can fluctuate from 9-11 with the average sale being ten.. intraday- one can see the momentum and the trend down or up.. volume plays a significant factor in price- BTW- LONG TERM USAD.. losses due to new factory and increased production capacity may hold this one back next qtr- but by this time next year it will be double what it is now{sans market crash}.. long term could exceed old highs... new management is in place.. you need to implement a filter-and do the due diligence to "hedge" momentum plays- many times momentum swings will stop out mom and pop- the trend is your friend- is oftentimes true.. good luck taxi

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