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Strategies & Market Trends : 50% Gains Investing

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To: Skeeter Bug who wrote (154)	11/1/1997 9:44:00 AM
From: Dale Baker	Read Replies (1) of 118717

I'll take a look though I have found the network stocks are very flighty. You raise a point I have been thinking about. Many stocks I own or follow show sharp falls and reversals in the past week. I am wondering how many people saw the crash coming and sold out, then repurchased at the lows (often 10-20% down from the current price). How do you spot the turning points? Or did most people see stop-loss orders tripped and hang back from buying more until the price reversals confirmed that there wasn't a major problem with the chart? By then, of course, you missed the buying opportunities. I expect the current volatility to recreate last week's events once or twice in coming months. Next time I would like to be better prepared based on what we saw this time. Thoughts, anyone?

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