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Strategies & Market Trends : Three Amigos Stock Thread

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To: LTK007 who wrote (1793)	3/16/1998 4:03:00 PM
From: Magnatizer	Read Replies (1) of 29382

max90 with VRTY you have alot of time. with MIMBOs the stock will have a tendancy to returns to its all time high. If you look at a long term chart you will be very happy with the return even if you miss a couple of point runup. IMO i would wait for the current activity to subside and see what happens then. It has not formed a MIM yet so the BO is a ways off. You have plenty of time. I know you are looking for short term plays but I would treat a MIMBO as a long term ( to me long term is 9 months to a year) due to its nature. If it does in fact form the MIMBO and return to its all time high a buy and hold would be quite a ride anyway. Short term I like your other choice alot more. Earnings have a way of messing with stocks lately. happy trades DAvid Also if you are truly interested in TA I advise you to get to one of Dougs 56 point TA seminars. A basic understanding of TA is all that is needed to get more than your moneys worth from his teaching. And, retakes are free so if it does not all sink in the first time you can go back and do it all over again. Besides they are a great time as you will meet others with similar interests and desires.

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