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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: 2MAR$ who wrote (6901)6/2/1999 4:31:00 PM
From: Kimberly Lee  Read Replies (3) of 108040
 
2MAR, indeed. We have a good day today: picked the perfect bottom in NYRR at 0.77 (first bottom was the false bottom) and EDIG at 2.01 (first bottom was transcient but sufficiently profitable, plus several very decent trades. Also, picked up LAKO, .3, TXMC, 0.125, BIGG, BIDN..... Averaging down on STRU at 0.2 was a risky but nevertheless sound short-termed trading decision.

The market remains turbulent, tentative, and I will continue to stay at least 80% cash and taking home only a few positions. Intraday bounce plays, both in Nasdaq and the BB, remain lucrative and fun.

Of course, we would always have a few well selected breakout plays like ARET yesterday and IVOC today and beyond.
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