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To: Chisy who wrote (5991)4/13/2000 10:48:00 AM
From: Bucky Katt  Respond to of 13094
 
Micro-caps are a completely different strategy from my option & future index trades, they aren't even in the same galaxy, which I recently explained on the Rat thread.
Index trades are a way to play the real world big picture panic cycles, long or short, whereas the micros I focus like a laser beam.
With the micro-caps, I buy when no one wants them, and sometimes that can take up to 12 months to build the position I want. Read the into to the Rat thread and you will see my strategy.
My 2 best this year were jmar & aria, and their respective warrants, jmarw, ariaw. I was in at the bottom of all 4, and just waited. (ariaw was a buy at 1/8-1/4, they eventually hit 40 dollars)

I mentioned CTB here around 10, as a value pick, now up over 40% since post # 5933..Jim thought 14-15 doable, and we are now there..



To: Chisy who wrote (5991)4/13/2000 11:22:00 AM
From: James Strauss  Respond to of 13094
 
You're welcome Chisy...

The people who post and lurk here really make this thread unique...

Watch those New Lows on the Nasdaq... They'll be a clue to when the correction is over... Right now they overpower the New Highs... finance.yahoo.com

We cannot have any sustained rallies in the broad Nasdaq while this occurs... A few heavy weighted stocks like MSFT, DELL, and INTC may artificially show the index on the positive side but until the New Lows drop dramatically and the A/D line improves, we are still in a correction...

Jim