Tokyo Joe's Cafe / Anything goes Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

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To: musicguy who wrote (4322)	4/3/1998 4:26:00 PM
From: Jack of All Trades	Read Replies (1) of 34592

You need to look closely before jumping in. Let the people like yourself jump in drive the price up them profit takers move in and take it down to comfortable price to buy in with limited risk. I always exit if I am down 20%. I do a quick check to see if it has been under some accumulation and try and find out OS. Also if playing momos you MUST be able to watch or you could miss the boat to sell. Large blocks flying through at the bid dump quickly. You must have RT. Sorry if I'm preaching to the quier. I have made some lost some with Joe, I have learned to be patient when the picks come out to see if they are going to materialize. If they do there is generally some profit taking after the made rush to buy, if it finds a holding pattern above open I will generally get in then. If it heads south below the open I stay away. JeffG

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