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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (43530)	3/18/2000 11:04:00 AM
From: Monty Lenard	Read Replies (2) \| Respond to of 99985

Hi Joan, I do see the Fib lines work more than not so we shall see but since I now have nothing at stake other than a few shorts I put on Friday I do not have a vested interest in what I posted about the retrace so I could be just imagining things. :-) Monty PS Had a client come in yesterday who had made $400K plus on ONE stock in the last few months and is looking for a double. He says it is all about MOM and he is hanging in. Also had one call me last Monday about one he had put $40k in at $4 per share and was trading then at $75 per share. He wanted to know if I thought he should sell it. He stated that this was his FIRST ever stock and bought it because a friend of his was buying some. Now this guy is a big time gambler (loser) at the tracks and casinos. I asked what was the name of the stock. He COULD NOT REMEMBER but it started with an "S". I finally figured out through trial and error that he was referring to SCON. That means he has made over $700K since Dec 99. I told him not to ask me but to ask the guy who put him on it. Now here is the kicker. He does not even have an account with a broker! He gave a friend the money who had an account and had him buy it for him. Time for me to quit.