on 2/10/97, I began a thread, on S.I, called "Depressed Retail" stocks to buy, via my "PSYCLE sm", including LTD @ 16, WFMI. @ 13+, HNV
@ 5/8, BBA @4 5/8, PNF @ 3-, KNA @5-, (go check/see what they all did thereafter....great for those who did buy those, which I specifically rec'd. then) and--- SME @ 4. (I ended up rec'dg. buying more on lower base SME formed, around 3-).
well, obviously, our patience being rewarded, and SME does still, project towards resistance, first, at 5 1/2, then, perhaps to the over 6, to 6 1/2 area...just wanted to follow-up for y'all....best wishes, and will keep in touch....study the chart patterns of those I rec'd. via my "PSYCLE sm" back then....I also teach nice people how to take advantage of such industry group rotational moves, very successfully, over the years, if any of you have an interest....but, now, very, very few truly depressed Retail issues buyable here, and had rec'd. selling all the above, after fortunately large % gains, except for SME, which was a late bloomer...so, good for you patient people...take care, |
