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To: Jim Willie CB who wrote (6953)3/11/2000 7:45:00 PM
From: John Madarasz  Respond to of 35685
 
/JWCB...

If you analyze this run (since Oct 15th) a rather apparent pattern develops.
For 4 consecutive months we've enjoyed 4 rather significant bounces during
the first 8 trading days at the start of the new month, as compared to the
closing price on the last day of the prior month.

The data:

1. Oct 29 close of $1.66, spikes to $3.06 Nov 10th, for an 84% gain.

2. Nov 30 close of $2.59, spikes to $4.50 Dec 10th, for a 73% gain.

3. Dec 31 close of $3.63, spikes to $8.16 Jan 10th, for a 125% gain.

4. Jan 31 close of $7.63, spikes to $11.69 Feb 9th, for a 53% gain.

The percentages would have been even more astounding if I had compared the
lows in the last 8 days to the highs of the following month's first 8 days.
In every case, we gapped out of the chute on the 1st day of the month for a
10 day streak. Equally predictable, we were sequentially walked down off
25-30% off high to close out the month.

The opportunity for a retail investor "play" in the past 10 days was glaringly obvious. Since the above trend has held true in this month as well, we should expect to see
your price targets met to fulfill this trend.

Now you Dirty Harry fans have to ask yourselves, do I feel lucky?

Well...do ya ?<gggg>

*BTW, enjoy your posts...

Best Regards,

John Madarasz



To: Jim Willie CB who wrote (6953)3/11/2000 9:26:00 PM
From: Mannie  Respond to of 35685
 
JW thanks for the look at GMGC.

I agree that it can be had at 14ish soon, maybe even 10-12, it is prone to steep pullbacks.

There seems to be growing interest in this company, I'm looking for a spot to add to my holdings.



To: Jim Willie CB who wrote (6953)3/12/2000 5:58:00 AM
From: Sully-  Respond to of 35685
 
Thanks for the new TA on GMGC Jim. If it fails to break thru $20, I will look for $14 or $15 to load up one more time. Oh & yes this little gem will be a big dog one day.

To my porchmates, I have enjoyed reading & catching up here in the wee hours tonight. Seems a cold & a flu bug have conspired to keep the sandman from making his nightly visit. Well, at least I got to catch up on porchly activities. Seems the mighty Q has awakened. Good for us ;-)

FWIW, I bought more ELON Fri. Seems like ELON's story is becoming brighter per the discussions here. I was thinking about writing more of those lucrative calls, but now I'm not so sure. Jim Willie thinks it may fade & others think it heads north. What to do? Maybe more calls are in order.

See ya all around soon.

w2