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Non-Tech : All American Food Group(AAFG)

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To: WEBNATURAL who wrote (572)3/19/1999 11:22:00 PM
From: Joseph F. Hubel  Read Replies (2) of 618
 
I agree with You. You just know how I used to chide you over your enthusiasm for this stock. Now you have some of what you hoped for and have gone contrary on me. (G)

We have been in the market long enough to know the momentum boys have their screens set to pick up recent up ticks in price and volume and then swarm in like locust/sharks to feed on the frenzy. The trick is to use it to your advantage whether you are in for a penny or a pound.

When the momentum dies down and the stock starts a backslide, sell, maybe even short; wait for more drop and buy back in. It's amazing what that will do for your cost basis. But ya gotta be nimble.

You can't save a novice from themselves. We were all there at one time and you live and learn or get wiped out. Then it's back, to a second job and making back the losses. What's that old saying... You never go broke taking a profit.

Had a great time with FNTT. Did you play it. Came out of nowhere.

JFH
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