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Strategies & Market Trends : WR's Momentum Trades

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To: LANCE B who wrote (4982)2/8/1999 12:12:00 PM
From: Jim Spitz  Read Replies (1) of 11130
 
Took the opportunity of flat price to pick up more USSP this morning. I had more opportunity as reported on Saturday to review the company and their products a little more and liked what I saw. Also, due to recent profitable trading, I had more to work with. I plan to sell some after the good news hits and site opens, but will hold some as investment, now that I have enough shares to do that. My price today was slightly below where I got my first shares. Happy about that.

Cashed out rest of DMEC to lock in those profits. Out of ECIC with a nice 33% gain. Not bad for only being in it 2 days. I think they will go up more, but am not greedy.

Done buying for the day as I spent all of my restricted allocation.
Looking for new stuff for tomorrow. Several possibilities. Haven't jumped aboard IQMG and still not maxed on PNET, yet. Both currently sitting at attractive prices.

Will not make final decision until open tomorrow.

Stay in the Black! jimS
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