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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Rashid Garuba who wrote (1791)7/25/1998 9:50:00 PM
From: TATRADER  Read Replies (2) of 59879
 
Rashid, read IBD article by William O'neil in Monday's paper...
"Follow a System Rather Than Your Emotions"...
He points out that the best performing stocks of the last 45 years, were stocks where the average per-share price before they went on to double or triple or more was $28.00 a share....

"I do not buy stocks under $15.00 a share!"....

Guess he won't be joining our thread(vbg).....Regards, Mark

P.S.What are some of the worst habits investors have?
"One is the almost addiction-like attaction to low-price stocks. The idea of buying a large block of a $2.00,$5.00, or $10.00 stock and watching it double sounds wonderful. The only problem: Your odds of winning the lottery are better."
P.S.S. Didn't you win the lottery this year????

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