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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Cliff.A who wrote (10928)6/22/1999 3:38:00 PM
From: StkProfit$   Respond to of 52051
 
DJIA, and NAS taking some heat in preparation of next weeks minor Fedrate hike. Oh, well. Slow and steady,,,,

Should be some nice buys coming up though, and that should still be good for some quick profits going into mid July.

Let's see how the indexes ride,,,, I expect many penny stocks are retreating into summer session (less demand should lower prices on many OTC's). Personally, I'd stick with midrange stocks here, and sell on any strength in July. Just another amateurs 2cents worth on the market.(3yrs investing).

Regards,
-Mark



To: Cliff.A who wrote (10928)6/22/1999 6:31:00 PM
From: hoffy  Respond to of 52051
 
Nope I am out of JWEB. Took the profit and ran. It was a nice play that did what I expected so I took the profit. I doubt it goes much higher here. I was looking for a quick 2-3 points and it did it nicely so why hand around.


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