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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: lakers17 who wrote (45938)	5/5/2000 6:04:00 PM
From: Qone0	Respond to of 150070

Me time a stock? Nah, I just try to buy at the bottom and wait for its real run. That chart just shows how people are emotional about investing. Let their emotions do their trading for them. The power of the up tick. I buy them when their dead. When they look the worst. Like AHWY yesterday. And TRAC today. If they go down after I buy. I just buy double at a 68% drop. Lets use AHWY as an example and use the 68% average down on it. Say I was really excited about it a year ago and bought at the 52 week high of 26. 1000 shares at 26.00 is $26,000 drops 68% 3125 shares at 8.32 is $26,000 drops another 68% (This is really pain full) 9,775 shares at 2.66 is $26,000 That give a cost basis of 5.61 for 13,900 shares. Lets watch and see if this system works. If it contiues to fall the next buy point is .85