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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who started this subject9/25/2002 5:54:04 PM
From: Dale BakerRead Replies (2) of 118717
 
A strange rally today - I see lots of stocks under $20 posting <$1 gains with 5% increases; maybe that's the market we are in, scalping for .30-.40 when the mood shifts.

Doesn't mean diddly in terms of longer term fundamental directions. The stocks that went up today would have cost you 5% or more losses Monday and Tuesday.

Sound and fury signifying nothing.

NASDAQ had 18 new highs - pfffffffffftttttttttt!!!!!!!!

New 52-Week Highs: 18

AlaNtlBcp
AmylinPharm
Compucom
EonLabs n
FstBusey
FoothillBcp
IndCapTr n
JamesnInn pfA
MeritMed s
OldDomFrght
OutlkGrp
RelivIntl
SVB FnlSvc
SunCapTr II
UnionBkshI
UnBkshCO
Yellow wi n
YoungInnov s
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