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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: MrThesp who wrote (34569)4/30/1999 12:19:00 AM
From: Jane4IceCream  Read Replies (3) of 90042
 
Night Night...

There IS rest for the wicked....me.

I just tried to request a name change to "Big Mouth" but she wouldnt accept the request. So, here I remain Jane J. Jackson.

Anyways, I just wanted to say that I just violated two of my own rules in also loading up some more USWB today from the proceeds of the sale late yesterday of "that" stock. I firmly believe one should not "average down" as you hear so much around SI on stocks. But I did that. I also believe one should not particularly buy stocks in downturns like the one USWB is currently experiencing and breaking all resistance points in doing so quite convincingly. However, I firmly believe that USWB has been very oversold, and being the leader with new energetic management in a niche market, one that will get stronger, the stock will bounce back with avengence at some point sooner than later. The stock does move quickly to the upside in a favourable market AND I hear from a birdie that there are some good PR's forthcoming that should help the stock.

Thats my opinion so take it from a big mouth and believe it or not whichever your inclination is but dont buy it on account of me thank you very much.
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