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Strategies & Market Trends : Rande Is . . . HOME
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To: Bucky Katt who wrote (4433)3/19/1999 10:55:00 AM
From: Rande Is  Read Replies (3) of 57584
 
William, wish CATP would have fallen further. I loved it when PRLS fell from about 24 to 3. Made a good triple so far at 9 and change.

You missed the "percentage brain teaser." But one thing we learned was that a fall of 87.5 percent, like in PRLS. . .would mean to return from where it came, it would need to rise 7 times or +600 percent.

And because percentages work as they do. . .bottom fishing can be more lucrative than most other types of trading.

Also demonstrates that longs make far more than shorts, when the range of trading starts getting wide.

Rande Is

PS> Nearly all of our TIMING play picks have jumped up more than 30 percent this week.
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