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Non-Tech : Armchair Analysts...Do you have what it takes?

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To: Tom Caruthers who wrote ()12/17/1998 12:08:00 PM
From: Peg Q  Read Replies (1) of 2
 
Dear Tom,
I'd hate to be a predictor of one or two stocks for 1999. What makes me more comfortable in view of this volatile market, is predicting shorter-term performance on solid companies. Everyone is looking for the next MSFT and while doing so, are missing golden opportunities in trading reputable stocks that are having wider movements because of the market volatility.
For example, I got a signal to buy DTEK on the 15th at 6.125 and to sell on the 17th at 6.5 for a profit of $306. Same signal is to buy CREE to replace the sell order. This is short-term trading, but by the same token, I bought PLCE on the 1st, still own it and have an open profit of $1,391 to date. Same signal system and different hold periods. It's very sensitive to market vagaries, which works for me.
I found this on http/www.insidescoop.net. Check it out and let me know your opinion.
Thanks,
PegQ
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