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Strategies & Market Trends : WELCOME TO THE CATHOUSE -- Ignore unavailable to you. Want to Upgrade?

To: Lawrence Burg who wrote (179)	9/9/1999 1:41:00 PM
From: ivan solotaroff	Read Replies (2) \| Respond to of 1065

MABXA!!! Lawrence, The first stock I ever traded. For a loss. Was sweetly avenged last fall when I got it for something like 21 cents or some such and sold it a few hours later for 45 cents or some such. I crowed and crowed, and have ever since devoted the smallest of my accounts (sounds very professional doesn't it?) to trading nothing but penny-stocks. Just emerged mondo-victorious in that account from BJCT, not that I deserve a medal. That was a pure cat-play, and a total no-brainer. MABXA is not a cat, just another dog headed for the slaughterhouse or the chancery courts, like half these miserable animals. After three years as a Doug R disciple, I have two firm rules: Never buy a stock above the IL and completely and utterly disregard any "story" that any stock below $5 has to say for itself. The sub-$5 price tells you 90% of what you need to know. TA, or Doug R, tells you the rest. Ivan