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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jill who wrote (26954)12/22/2000 9:06:48 AM
From: edamo  Read Replies (2) of 65232
 
jill...if newport is a trading vehicle due to its low float, it is an extremely risky selection....low float equates to difficult exit on any large positions. its momentum is downward, and if it breaks this level it has not much support until sub forty.....

if one has a penchant to trade, at least trade an issue that has fundamentals.....

lot of better things with lower risk out there.....economic realities are in place, not the same dart board throwing stock picking psychology that always hit the bullseye up until march....

but what do i know, to each his own...not my money!

good luck, happy holidays....

ed a.
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