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Technology Stocks : Electronic Retailing Systems International (ERSI Nasdaq)
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To: Stephen Pilgrim who wrote (3)8/7/1996 8:38:00 PM
From: A.J. Mullen   of 92
 
In the US it went from $2 to 2 3/8 on Monday with 200K vol, and on from $2 3/8 to 2 7/8 on 28K today (Wed). I had thought Nasdaq was catching London, but perhaps not, would you give numbers please? Looking at a graph, it seems that there are days when nothing happens, which I take to be good; a sign of little trading.

I had a small part in Monday's volume. In retrospect I placed too lax a limit and probably paid more than I needed on that day, so today's rise was satisfying. I'll not consider taking any profit until my holding doubles as a proportion of my portfolio. I see from other threads that some people try to make extra from trading the volitility of a stock they believe to be fundamentally sound. That seems like too much work for the benefit of brokers.
Aj
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