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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge.
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To: rci who wrote (1033)12/3/1997 3:29:00 PM
From: Len Giammetta  Read Replies (2) of 1923
 
A lesson well learned?

I'm in the same boat as all of you... ATPX, NOIZ, BOSCF, all losers so far. The reason I got stuck was because the commissions my broker was charging made it impractical to get out with the thought of getting back in at a later date. Since then I've registered with Suretrade, Inc, and all my trades are 7.95... even limit orders, and they don't require a minimum balance like some others. I think if I was with them at the beginning, I would be out of these puppies and simply monitoring them for the turnaround. At least that's my take on things. I don't consider these stocks to be losers, I just got in at the wrong time to make a quick profit. There's a site that features an automatic stock management system called AIMS. It relies on a very simple mathmatical formula to generate buy and sell signals. The system therefore relies on price fluctuations to generate profits. In effect they are selling at higher levels and buying at lower levels automatically. I use it as a safety net for my losers, and have had good success. Let's face it... this market isn't much good for anything else but buying anyway.

Here's the address for anyone interested. The folks there are very friendly and extremely helpful.

www4.techstocks.com
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