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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (2921)5/18/1998 10:56:00 AM
From: Rande Is  Read Replies (1) of 25711
 
[NUKE] Alert. Only 125k traded. That is not much volume and yet it is moving up on most every buy. When some volume hits this one, look out. My take is that what we are seeing is still a part of the accumulation phase. Like we saw last week, the price goes up and sticks. This stock is not being daytraded [yet]. I know of no newsletters touting it. I think people are buying becasue of Rhombic's ULTRA HIGH-TECHNOLOGY and the potential for profits that exists. Keep that in mind as you follow the price and make your decisions. I sold a portion of shares on Friday at about a 75 pct. profit, in order to invest in something else [it tanked]. Now I am kicking myself in the Bermudas. If I see a dip in the price, I will try to buy those shares back for the LONGER strides, I believe we have ahead.

Rande Is

~~NOTE: Don't buy or sell any stock based on what others say.
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