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Technology Stocks : Information Architects (IARC): E-Commerce & EIP
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To: Robert F. Newton who wrote (4442)2/16/1998 1:46:00 AM
From: tech  Read Replies (1) of 10786
 
TRADING vs. HOLDING.

I can't understand how anyone can claim that holding a stock like ALYD is a good strategy

WHY DO PEOPLE INVEST IN THE MARKET ?

they invest to accumulate wealth.

Holding on to a volatile trading stock is not a good strategy.

Currently, ALYD is a trading stock...

You don't keep adding positions at the bottom, when you don't sell at the top. It makes absolutely no sense what so ever.

If you sell at the top, when you go to buy back at the bottom, you can use your profits to buy more stock, without having to put "new" money into the stock. You build wealth by adding to your position every time you go back in to buy. (without having to throw NEW money into it)

exchange2000.com
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To: Robert K. Sims (4372 )
From: tech
Monday, Feb 9 1998 2:47AM EST

>> This is the way I see it right now:

There is resistance at $19 5/8 and if the stock can close above this line, the next stop should be around $21.50

The support is at approx. $17 1/6 and I would take profits if the stock breaks this line.<<

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