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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: Chisy who wrote (200)1/29/2000 12:44:00 AM
From: Jibacoa  Read Replies (1) | Respond to of 1404
 
Remember that "it is not a stock market, it is a market of stocks". And there is always some that go against the current.

VLNC did well today. I could not resist selling some today at 34 on account of the general market. Having the shares in an IRA where you don't have to worry about taxes is helpful to trade,especially now a days when you can buy or sell up to 5000 shares lots for a $5 commission.

BD did also well today. I am keeping this one for the time being. I bought it at 7 on November 26. It is still below book value (17.83)There is 55% insider ownership & 57% institutional.The float is moderate at 16.6 million. Today they announced a deal with Europcar.

Others that did fairly well today were DNCC GMGC IENT NOVN ASYS WAVC WDC SSET UISI(don't buy this one it is a penny stock, I played with it for fun and did well) EWEB TMED VCMP SYGR ATPX ADMG FATS CAMZ

If I have time I will post the results of today's scan during the week-end.

Good luck

Bernard



To: Chisy who wrote (200)1/29/2000 1:01:00 AM
From: Jibacoa  Respond to of 1404
 
<<<will ride with what I have as long as their up trends hold>>>

That's is a good norm. As Jesse used to say:

Never argue with the tape.

Of all speculative blunders there are few grater than trying to average a loosing game. ALWAYS SELL WHAT SHOWS YOU A LOSS, and KEEP WHAT SHOWS YOU A PROFIT.

In a bull market your game is to buy and hold, SIT TIGHT until you believe that the bull market is near its end.

Do not try to catch the last eight or the first. Those two are the most expensive eights in the world.

It is the big swing that makes the big money for you.

I have a good list of Jesse's maxims and if you like I could E-mail them to you.

Bernard