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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: Richard Estes who wrote (2814)	10/5/1997 12:43:00 PM
From: F Robert Simms	of 3325

You describe a lot of my problems. One other problem that I have is not listening to you. After THQI I should have listened to you about not buying at earnings. Henry sent the weekly subscribers a daily newsletter on 8/20/97. One of the Hot stocks he recommended was WTDI. The close was 4 and he warned that earnings was due. His buy point was 4 1/8. I set a stop market buy at 4 1/8. The stock opened at 4 and quickly went to henry's buy point and my stop market was activated. Earnings were announced and the stock closed at near 3 1/8. The next couple of days it went lower! I should have listened to you, but so should Henry. Best Wishes, Bob

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