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Strategies & Market Trends : WR's Momentum Trades
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To: LANCE B who wrote (2525)1/12/1999 8:56:00 PM
From: Wayne Rumball  Read Replies (2) of 11130
 
Look at this thread, look at squirrels thread.

Here I say I buy something, about a minute after I put in the order, usually, and then I say I sold it, about a minute after I put in the order.

Musicguy and stingray do the same, usually, on squirrels thread.

Although we may sometimes be embarrased by losses and not post it. But we've posted losses too.

So if a newsletter posts a stock, and it runs up 50% or 75% or 100%, why shouldn't they suggest taking profits, OR cutting losses? Why do they always seems to suggest that the stock will just continue going up to infinity?
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