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To: Steeliejim who wrote (11799)11/7/1999 1:29:00 PM
From: Dale BakerRead Replies (2) | Respond to of 118717
 
how about a TI article on finding/entry/exut/reentry strategies for momo plays

I will think about it, but it's hard to come up with any hard and fast rules that others could use. Mostly it is Level 2 plus news on a stock; the rest is gut instinct about what the market will go for and what will languish.

I am especially leery about re-entries unless I see a very clear breakout like MSGI's recent chart.

I dumped EGRP stock for the same reason you dumped SCH. I think EGRP will be a major player but the way they are handling customers during their growth phase sucks. Advertising, infrastructure and eventually losing some customers out of frustration will hurt the share price growth.

This latest bounce is tied to the volume resurgence in trading. I doubt it will last.

BWDIK?