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Non-Tech : Any info about Iomega (IOM)?
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To: Trakker who wrote (8175)10/2/1996 5:30:00 PM
From: Jeffery E. Forrest   of 58324
 
Thanks for accepting my olive branch Trak.
As the King of L.A. said "can't we all just get along?"

No offense was taken on my part so lets get down to business and make some money.

Except for the "intelligent life" comment, WHAT IS your're opinion of that post. Do you see the gap at 18-20 being filled. (I have some puts for insurance and IMHO I believe they'll get in the money.)

Like I think I told you I also have some long term hold shares that I bought a couple weeks ago at 14-15 range. I also think that they will pay off too.

My whole point is that the IOMG threads seem to forget that ALL stocks have behavior patterns and IOMG is not immune, therefore charting and TA still apply, especially for trading purposes.

I bought my original IOMG shares in Oct.95 sold half in early 96, rebought double amount a few weeks later (at a lower price YAY!) then held until it blew up at 50 on that HUGE reversal day. That's why I'm so hot on charting and TA. I combine Candlestick charting with Western analysis and it works great (most times! no sure bets or I'd be on that list with Bill Gates & Warren Buffett.)

Anyway I tried to tell people what my charts were saying & got flamed to a cinder. I wasn't playing some short-selling game I just wanted to share what I saw. I DID short it there and made a fortune, but I told people upfront I was shorting. I always disclose as I don't think so highly of myself to think I can singlehandedly move markets, I just read the "tealeaves" and try to make some bucks using good old common sense.
Glad we cleared the air.
Jeff Forrest
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