Market Gems-Trading Strong Earnings Growth and Momentum Message Board

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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: Dave Gore who wrote (1301)	1/10/2001 3:50:37 PM
From: Dave Gore	Read Replies (2) of 6445

FDRY UPDATE 3:49- more selling coming in last few minutes from the small guy (i.e. daytrader) it looks like, but still okay buying. It may make one more run today, but I would be careful if it dips back below $12 if some of you want to preserve your quick profit. I sold, as I do when I get a quick profit on a quick run up. I tend to hold the steady climbers, day after day, like CRUS has done or ADPT did for 6 trading days in a row a while back (from $8 to $12-1/2). Also sold because a bit worried about the Market tomorrow with the earnings from several key names coming out today. Will likely buy back if it falls back down again. If it keeps going, I still have considerable quick profits and may or may not be back. That would be a tougher call. Good luck.

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