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To: JSB who wrote (11795)11/7/1999 11:56:00 AM
From: Dale BakerRead Replies (2) | Respond to of 118717
 
"Hope" is a dangerous word when it comes to momentum investing, mi amigo. People on the private site often ask if they should buy a dip because a stock is bottoming out and they think it will turn.

My rule for daytrading is simple: I only buy upside breakouts that I can see happening. I may miss some, but I rarely go down with the ship either.

In this case, it's hard to say if INPH can scream again or not. Bouncing off 35 again was not good technically but the company is high quality.

Hope, it is.