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

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To: Chris Buechler who wrote (107)6/2/1997 4:14:00 PM
From: Feraldo   of 170
 
Well the only thing about it is, he is right. All through this bull market so to speak that I have been watching, time and time again he is right. People read a few lines and think that the whole strategy is based on that. It's not. Oh well. Take a look at CREAF. Cup and handle. If you buy after the break out you make a lot quick, or you can hold and still not be down. Now look at Innovex. Bill O'neal says that to hold for the long haul as in 3 months to a year you have to have a shakeout. Well there was no shakeout in INVX, and they paid for it. Time and again he is right. Also, if you play for 7%, you won't get shaken out if you buy at the right time. I got him in PETD about two months too early. That's why he did not see the gain. Plus he pays about 10% commision in and 10% out. So to play for 7% would be pointless.
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