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Strategies & Market Trends : SPARKY'S CORNER

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To: Bruce A. Brotnov who wrote (3981)	3/11/1999 12:14:00 PM
From: Jeff Mulder	Read Replies (1) of 4142

I was just about to mention AMEN here. Odd, isn't it? A 20% move and the stock is nowhere near its ADV yet. I've noticed the same pattern of breaking resistance before reversing, and can't explain it. I've lost a couple good stocks because of it. Frustrating as it is, though, I'm not changing my sell strategy because then stop placement becomes completely arbitrary. In general, intermediate-term TA doesn't seem to be quite as effective the last couple months as it's been in the past. Even losing AMEN and RCCK, your portfolios seem to be doing fine. I'm sure you'll find good homes for the cash. - Jeff

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