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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook
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To: THOMAS GOODRICH who wrote (2382)3/16/1999 9:52:00 PM
From: brichard  Read Replies (2) of 8858
 
Thomas Goodrich wrote:
"You could prove correct, however, from a trading dynamics perspectives a slight correction may now be due.
Investors should not become disillusioned if the stock should drop 25% or so as this is normal and healthy."
A question for TA experts to answer if possible. (I'm long
SNMM since 7.5). While waiting for this company to list on the
NAZ people are seeing a price in the high teens or 20 something, or
more.
How do you determine at what price a 25%-ish correction will
happen and then how do you determine when it's reached the
bottom of that correction? I'd rather sell and then buy more
shares at the cheaper price than buy and hold into the 20's.
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