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Technology Stocks : Thermo Electron (TMO)
TMO 566.12-0.3%3:59 PM EST

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To: Thomas C. White who wrote (211)8/14/1997 3:33:00 PM
From: Jim Goodman   of 450
 
thanks...my predictions were again correct, so far....obviously, now, resistance in the 41. area on TMO....please understand....my goals in life include helping/teaching nice people how to predict future prices of equities....it's just that, the "percentage" gains on a great co. stock like TMO, even from, say, 33, to say, 41, unless very quick (like in this case, where, most other people have been in it for months with little or no gains, and, yet, my "PSYCLE sm" caught the only real S.T. rise it has has in months, within a few days), and using call options, is just not as great, as the potential % returns when correct with truly "Depressed" issues....of course, commensurate risks apply, but proper diversification, and preset stops, lower those risks significantly...

so, continued best wishes to you, and please also, note, TMD hit 17, up 1 already, since recent "PSYCLE sm" buy....L.T., in-the-money calls options, and/or on margin, where suitable, with stop below recent low.

TVL also recently recommended near 6.00, hit 6 1/2 today....enjoy....
we shall see....
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