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Strategies & Market Trends : WR's Momentum Trades

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To: LANCE B who wrote (1688)12/25/1998 6:16:00 PM
From: Cheesehead  Read Replies (1) of 11130
 
Appreciate your comments.

Sure makes alot of sense to me. I tend to stay in stocks too long but as of late I have been doing pretty well by selling a portion of my shares once the price gets to a certain level. For example, I bought 2500 shares of GSIC on its way up on Wed. @ .29 and right after that put in a stop limit sell of 1500 shares @ 5/8. When I checked after getting home I found that my sell of the 1500 went thru at 5/8. I just made it apparently 'cause the high was .64. I then bought 10,000 more shares yesterday @ .15 after getting the "tip" from my buddy. So I have a very small position in GSIC and would of bought alot more yesterday if someone would of confirmed what I was told.

Besides GSIC I am currently in HABE, GGNC and RDIM.

Best of luck and happy holidays to all.

Cheese
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