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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (573)2/26/1998 3:58:00 PM
From: jgideonRead Replies (1) of 118717
 
Saw the action on THQI this morning. Now it's back down
from the highs. The initial bouncing, evidently taking out
your stop, caused me to ignore this until after the move had
been made. I'm not really much of a day trader anyway.

TDDDF had a nice move today from 25 to 27. Briefly visited
27 3/4, but momentum couldn't carry it. Don't know if the
momentum will be there again tomorrow. About 9x average volume.
Possibly spurred by the Robertson Stephens Tech conf in
San Francisco. By the way, forgot to tell you why INTC won't
eat TDDDF's lunch: because INTC has partnered with TDDDF to
create the graphics chip for the 64 bit Merced processor
system - can't find the link right now, but check the TDDDF
board, several links point to articles about INTC graphics threat
and who will survive. TDDDF is always mentioned.

For some reason, MALL has dropped back from a high near 14
to 10 1/2. It isn't worth 14, but is worth more than 10 1/2.
Not much action in it, so you have to buy it as a value
play. I'd say you could get 20% sometime in the next 3 months.
However, considering the momentum plays you've hit lately,
20% over such a "long" time seems so tame.

jg
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