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Strategies & Market Trends : CASH $ CARRY

ARO 0.151

-27.7%

Apr 21 5:00 PM EST

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To: farkarooski who wrote (198)	11/5/2002 5:25:31 PM
From: Steve Felix	Read Replies (3) of 302

I can put the whammy on things just by mentioning them. gg MEDX has had a great run. Hasn't even traded as low as its' thirteen day average for seven days running. All stocks come back regardless if they are going to the moon or the basement. Jim, your mission, if you choose to accept it, is to decide if it will consolidate and then run, or will it fall, allowing you to increase your holdings for the next move, if there is one. I have never been very successful using stops on low priced stocks. To keep out of range the stop is so low I barely break even, and if I set it higher the bastages take me out and let her fly. I distinctly remember buying ITIG just above $8. It moved up to 9+ so I put a stop right at my buy point to try and stay in. The bastages got me by ten cents. It ended up going to $45. Curses!!! If I really wanted to try and stay in I would have to set a stop at 3.55, and cross my fingers. Decisions, the spice of life. hehe Yeah baby!!! Made $5 on KM today!!! Retirement time!!!

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