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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades
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To: Jenna who wrote (1025)6/13/2001 11:07:43 AM
From: Jenna  Read Replies (5) of 1227
 
Yep IMCO we took a enormous profit from 34 to 40.30 and 41.17 .. and will buy back above 37.25 at the declining 20 period moving average. It was a buy the rumor sell the news, others bought the high as usual and got burned. When you track a stock for weeks you get the beef, when look at the most up list you get the spare ribs and they are usually pretty well eaten by then. We posted at 34 and IMCO was a buy and hold way before. SI is not where we post ALL our trades, we do have a service for subscribers but even with that we posted a day before anyone else had an idea of IMCO ;-) We are not in competition here, a premium pay service can't and won't compete with a free for all on a public board with NO ACCOUNTABILITY and post a lot of noise (they don't need accountability they are anonymous), we MUST have accountablity to our subscribers, but we hope we can make a contribution from time to time. Take what you get from public boards like SI with a grain or (block) of salt!!
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