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Strategies & Market Trends : WR's Momentum Trades
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To: Nathalie who wrote (5655)2/13/1999 4:48:00 PM
From: Tom Allinder  Read Replies (2) of 11130
 
I figure it this way... Buy a couple of pennies that might move each day. If they don't, sell them. OTCBB stocks seem to have a delayed reaction to news as well. Case in point TLTG and HTSF. You only need to hit one just right every week or two. Stocks like CELN, TLTG, PLCO (still holding), HTSF (still holding), HSNS, IRTG (still have), have really swelled the acct balance. If you grab these things as they are emerging out of a base or, ... still there (in a base) if you have good information, then the stock is a safe buy. There is virtually no downside risk. The stock is generally at or near the bottom. So again, if the stock turns out to be a dud, sell it and find something else. One just needs to hit 2 or three of these a month to do better than most investors or traders.

Tom
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