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Microcap & Penny Stocks : ACRT about to move to new highs
ACRT 0.110-7.6%Dec 30 4:00 PM EST

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To: Jonathan Cleveland who wrote (272)2/5/1997 4:26:00 PM
From: Doo   of 7054
 
Maybe you should define "momentum play", Jonathan. I understand it as a less than flattering term for CANSLIM investing, the method developed by William O'Neill, author of that "can" of a paper you so often refer to. Of course, you trash it and quote it in the same breath. Nevertheless, let's start with your definition of "momentum." BTW, I fully agree with Andrew. The question is how long will it run before corrections are not limited to technical support levels? Stop placement is critical, and only the chart will tell you where orders should be placed.
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