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Strategies & Market Trends : Big Profits From Stocks That Ride The Coat-tails

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To: brianz who wrote (5)9/24/1996 8:51:00 PM
From: Richard Estes   of 11
 
I sure don't want to argue. you ask for comments. I don't think if I knew every fundamental thing about a company, it would help pick a entry or exit point. Only price and volume do that for me.

Because some one is a supplier or has a silmliar product or shows up PRing company on CNBC, doesn't assure anything unless price moves. all the stocks you have mentioned telegraph their moves. I scan about 4000 stocks a nite, looking for movers.

impx breakout from 7 was apparent. as was fall from 23 back to 4. I follow it but don't know what it does or who they supply. and don't care. I don't know what 90% of stocks I buy do or details of company. I don't think it is the method to follow. That has been my experence for last 28 years.

BTW does IMPX still supply iomg and is Zip drive popular on market?
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