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Strategies & Market Trends : Stock Crashes
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To: CJ Mark who wrote (348)2/25/1997 11:37:00 AM
From: Udo W. Perkuhn   of 400
 
I usually establish a "sell point" before buying stock and then change it as market conditions warrant. Example: USDL - I know this one to be a $12-$14 stock. I buy on dips into $9's (3 times so far) then sell on the bounce back to its fair value. Bought at 9 3/4 sold at 12 1/4, bought at 9 5/8 sold at 12 3/4, bought at 9 7/16 waiting to sell at 12 1/2 or above. Haven't always gotten the bottom or top but made enough on each trade. I thought CSCC had bottomed at $38 and think a "fair" (IMO) price for it is around $52. NSCP looks interesting, (IMO) "fair" price (3 month) should push $40-$45 area. Don't know much about Cube. You can't follow them all! Good luck with your trades!
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