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Strategies & Market Trends : Dave Gore's Trades That Make Sense
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To: Softechie who wrote (12685)9/23/2002 3:09:53 PM
From: Dave Gore  Read Replies (1) of 16631
 
Softechie, at least you stick your neck out, which I like, and say when and what you are buying.

However, these ODOD's sometimes need 2-3 days at least for most of the sellers to get out. Also, once a stock breaks a 52-week low, it's tough for anyone to figure or agree upon support levels.

I keep hoping we'll get some of my favorite ODOD's. Those are ones where a solid company predicts a 10% shortfall but the stock falls 25-30%. That's the best type of play (i.e. an obvious overreaction that can be quantified).
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