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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Trader J who wrote (17642)7/18/1999 11:54:00 AM
From: LTK007  Read Replies (2) | Respond to of 56535
 
Why I am counting on a bad-bad market this Fall--I collect case histories of stocks hit at the last bad downturn that IF you had plunged you made a major,major killing.
SNDK hit 5.5 on its low in October and has never looked back--anyone buying 10k shares of SNDK at its bottom for 55k could have sold them this week for 650,000 thousand dollars.:)
Last fall was the first major correction I have experienced since becoming a serious player--next time I will know how to handle it,I hope(I was to busy making money on fluff stocks during the craziness). The key,of course,and the hardest part is to pick the gems(like SNDK) amongst the pebbles.Max