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Strategies & Market Trends : Lessons:"How to" properly exploit Price DROPS, in stocks

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To: bruce bell who wrote (437)1/26/1998 3:37:00 PM
From: Jim Goodman  Read Replies (1) of 660
 
1) too briefly here: stage 1: the base that forms after a huge drop, with no interest, no volume, and terrible fundamentals/news "f/n"
stage 2, the rise, and correction, off the depr. base, after breaking out, with better "f/n" after rise, then normal correction thereafter,
stage 3, the final, often parabolic rise, to the top, at the end, accompanied by VG "f/n" and "it will/can never fall" mentality, etc.
often where latecomers/pot. losers BUY long....like, sometimes, CANSLIM people, who only buy after already up 100's of percent off lows, only after breakouts from stage 3, right ?
stage 4 is the topping phase, with normal opinions/media treatment, f/n, and volume, etc.

2) will check CLTR ? and ORBI., and get back to you

enjoy
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