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

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To: RFH who wrote (6611)	1/13/1999 1:42:00 PM
From: Bruce A. Bowman	Read Replies (2) of 18928

Hi Robert- That's exactly how EGRP acted until this recent lighter-than-air rally. EGRP had a range of 10/35 and I was making some $$$ and accumulating shares. When the "impossible" happened, it was a major payday. Now EGRP's +/-50% range looks puny by comparison to the new highs! The day may come when I'll regret not having all those shares, but the fact is that I have no way of knowing that'll ever happen. Risk is substantially down now and I have $$$ in the bank. Same for PGEX... who knows what'll happen? I'll just keep plugging away and wait for a big reversal. As you say, the chart for PGEX suggests it's likely to happen. Btw, I think I'm seeing some separation between large cap stocks as reflected by the Dow 30 and small caps of the Russell 2000 (RUT). The Dow has affected the RUT today and yesterday, but generally the RUT seems to be trying to move ahead. As you said, those stocks in the Hansen Cellar which have accumulated all those cheap shares may soon turn into big winners. Bruce

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