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Strategies & Market Trends : 50% Gains Investing

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To: jgideon who wrote (574)	2/26/1998 10:13:00 PM
From: Dale Baker	Read Replies (1) of 118717

Momentum investing is a dangerous, seductive game. If your horse wins a few times, you start to think you know more than the market. THQI and SYNT were profitable; EIDSY was not; and UBIX kept me humble. My favorite trading stock is still TMBS at the moment. It's a quiet little puppy which obediently follows its stochastics. I have to see if they have peaked again yet. If not, I will wait for 19. If they have it will be time to flip TMBS again for some more change. I never thought I would flip a value stock, but I'm up more than 5 points on a 3 1/2 point move without the stomach turning jumps and drops that the "real" momentum stocks generate. More later after I wake up here.

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