WR's Momentum Trades Message Board

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Strategies & Market Trends : WR's Momentum Trades

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To: Tom Allinder who wrote (5662)	2/14/1999 9:42:00 PM
From: star56	Read Replies (4) of 11130

Thomas I've been reading your comments about buying OTC stocks - when there at there base. How can one tell when that is - when flatlined for quite awhile? I seem to keep buying these stocks after they emerge, and I get caught and end up holding them or taking a loss now knowing what their downside is. MoneyMade seems to keep mentioning stocks that have already started up, so those stocks always seem to have a downside risk. Case in point, although MoneyMade did not recommend it initially - TAP did - is SOWK. The morning after TAP made his recommendation news came out about the split- stock was already moving up at the open. I know now to put a buy limit in ahead of the MM's using Level II, but even this stock seems risky. I'm still holding and have 5X as much now. Dave

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