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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: Dataminer1 who wrote (6600)1/11/1999 12:34:00 AM
From: RFH  Read Replies (2) of 18928
 
Dataminer, I will allow for only one trade every two weeks instead of each week, if and only if the stock is in a very strong trend either up or down. I've been lucky with this strategy so far, but lately I have been finding myself entering those limit orders weekly. The action has been very good these last few weeks, and I enjoy this action. Just last week I sold off some GUMM on Wednesday, and by Friday the price had gotten above the next sell signal. I didn't have an order in and missed the sell. The price is still above Newport's selling price, but I decided to cheat and hold out for selling more shares at an even higher price. This is because the trend has turned strongly in my favor. You can see this harebrained strategy on my web page, located at: elnet.com and scroll down to the GUMTECH INTL INC. section. Wish me luck, all.

Sincerely,
RFH
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