WR's Momentum Trades Message Board

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Strategies & Market Trends : WR's Momentum Trades

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To: Wayne Rumball who wrote (8962)	12/1/2000 7:37:21 PM
From: Tom Allinder	Read Replies (1) of 11130

Been doing some research all week after market close. One thing I noticed is that many stocks that started their advances last year... penny stocks that is, began their advance during the first second or third trading day after the first of the month. I took a position today in TVCP to add to the buy/hold/wait/see portfolio. Earlier this year, I discussed this with several people... The thought of trying to buy stocks of real companies on the OTCBB at the time that the stock is right at or within a penny or two of the 52 week low. I will continue this... For now, most of my cash has to remain ready for big NASDAQ stocks. But, watch the pennies closely over the next month... they WILL begin to move out of the mud on the bottom. Tom

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