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Strategies & Market Trends : Shawn Murphy's bulls and bears

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To: Trader X who wrote (26)2/7/1997 2:02:00 AM
From: steve susko   of 113
 
Kevin,

Remember the cliche: Great minds think alike

I own about 12 stocks currently. 3 of them are dead bodies. Stocks that I bought when I was less englighten and had dropped too far that I'm just keeping to offset future capital gains.

I probably has much less experience than you do. I've only been trading 1 year since December 95. I am way too spread out right now. I 'm looking to consolidate to 5 stocks or less and increase the volume strength in each pick that I decide to enter in the future.

BTW, take a look at CAV. I think it might have bottom out. With the overvaluation of blue chips and jittery over tech, institutions may be looking into high growth non-tech small companies like CAV with great fundalmental. I own a few shares in this things as I mentioned to your before and am thinking I may be able to make a profit after all.
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