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Strategies & Market Trends : Lessons:"How to" properly exploit Price DROPS, in stocks

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To: Nazbuster who wrote (623)1/13/1999 5:18:00 PM
From: Jim Goodman  Read Replies (2) of 660
 
thanks, Dan and Kev, neat....called the top--- at least for now....
the Puts were insane levels, but evidently, a few of my subscribers did give them a shot, Mon., finally, and would have caught BCST, SEEK, AOL, EBAY, XCIT....but missed all the others....I just wanted to make sure my timing was in writing....as to Dines, he really was shockingly right, for the first time in years, buying Internets late, and still catching huge gains, then running his "up forever" ad for months now, correctly--- till now....one of the characteristics I teach, is that the very guys who catch the parabolic rise, tend to miss the tops, in their hubris, if that makes sense to you, PSY-chologically...
anyway, whatever initial stage 5 "PSYCLE sm" drops occur in these, should find some support, around the levels from a week or two ago, above which they previously broke out.....hope that helps...for now....we took much chips off the long-side table recently, and caught other Puts/groups, as per my previous post, keep in touch, best wishes,
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