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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?

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To: HB who wrote (2542)2/12/1998 2:39:00 PM
From: Jim Goodman   of 3431
 
thanks for the kind words....1) as we all are at times, sometimes I am not as perfectly clear as I mean to be....I just try to share the "buy pattern" and ideas and ind. groups I find, in the hopes other nice people will actually view their charts, and learn this valuable concept for themselves....am always teaching....have helped many people improve....am always trying to become better myself, so thanks for the feedback....anyway, 2) I got out of all GEMS around 14., as it rolled over...skill, with a little luck involved this time....
3) the key, again, is to "see", learn, and take advantage of, the normal S.T. bottom pattern with the "PSYCLE sm" PSY-chology/sentiment pattern, and find/buy all "stocks which looked like GEMS and many other depr. techs I gave out near their recent lows while most people were scared, as usual", did, last month or two, in their depr. bases ....with close stops, diversifying for risk control ....then, hopefully selling, when/if the initial bounce off the base runs into S.T. resistance on the chart....especially if up 50-70 % quickly, on margin/in options, as was the case recently with GEMS....
4) last, most of my previously shared on S.I., depr. techs are too high already, and have been taking large, quick gains in most of them all week, raising cash.....note also, the NASD index itself up against likely resistance here....most people have no idea about good technical patterns, so I try to help where I can....just getting close to my ideas/prices mentioned, should improve one's results greatly over time....been doing this for 20+ years now...hope this helps....
all I try to do is help others where I can....best wishes,
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