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Non-Tech : Invest / LTD

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To: drsvelte who wrote (3215)	9/22/1998 8:16:00 PM
From: Thean	Read Replies (2) of 14427

Doc, looks like you maybe spreading yourself too thin in a lot of stocks you haven't developed a good feel of IMO. I think your strategy of picking stocks based on daily scan is especially good if the general market also goes the way of your positions. However, in uncertain market conditions like today and yesterday unfamiliarity of the way the stock behave intraday at resistence/support levels may cause premature trigger and/or letting losses run bigger than wanted. What can you share on this aspect based on your own experience? Tomorrow we get another shot to hear what AG has to say. Judging by the tireness of the market today I don't think there will be a rally tomorrow unless AG mentions possible rate cut. Your COMS is already trading up a pt per CNBC so you should be able to lock in the profit either by setting a stop or just sell within 30 minutes into open. I'm unfamiliar with most of the names you mentioned but do like DCN as it really broke below support at 38 today and started its downward BB surf. May even put it myself. Thanks.

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