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Strategies & Market Trends : Can you beat 50% per month?

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To: Jon Scott who wrote (184)2/25/1999 1:45:00 AM
From: rakitup   of 19256
 
Jon, try not to be discouraged by naysayers. Heck, if you can even come close to 50% a month you won't ever have to worry about how much someone else is making, will you? The hard problem is how to stay fully invested to make these returns compound, isn't it? Talk is cheap.

It is results that count. I am impressed with your penny stock picking ability, though I must admit to a major aversion to penny stocks in general. Of course I was thrilled when DELL dropped into my buying range at 89-1/8 recently, bought of course, and look at it now. Thus I may have been better off in a penny stock. I now own
LGF, DROOY, PLI, RNTK, AND A FEW OTHER CHEAPOS, none of which are making the moves I hoped for, so I may have to dump them.

Nevertheless, keep your enthusiasm and keep on trading, and keep on trying to reach your 50% a month goal. That isn't too hard. But to get and stay fully invested at 50% a month, now there is a challenge.

Rak up a winner

Don
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