The Official Guide To GOOFS Message Board

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Non-Tech : The Official Guide To GOOFS

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To: Paul Weiss who wrote ()	5/11/1996 7:28:00 AM
From: Grant R. Cynor	of 3539

Methods I use for finding GOOFs. 1. CABOT Letter issues a sell. Wait for 2 months and you will invariably see the birth of a GOOF. Most recently, Summit Technology (BEAM)was lowered to a Sell. It makes lasers for correcting vision. Cabot sold at $27. The stock immediately tanked to $24. Then some further bad news came out on Summit and the stock tanked to $17. This one is still on my watch list because a lot of eye doctors in town love these machines and this stock. 2. Stop loss settings by the Zweig performance Letter. First I identify great companies recommended by Zweig. Then I wait till "bad" news comes out and the stock gets close to Zweigs stop loss. When the stock hits Zweigs Stop loss, wait 2 to 4 weeks and you can usually pick the stock up 10 to 20% below Zweigs stop loss setting. I recently bought BBRC and NWK this way.

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