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

To: Jim Bishop who wrote (49586)	6/4/2000 1:15:00 PM
From: Witold	Respond to of 150070

Jim, I have learnt to take profit / loss in BBs as it lasts... I normally followed the rule strictly but in the Spring I relaxed a bit and averaged it down as it kept going down instead of getting out of the market. This strategy worked very well in the regular past corrections but it is catastrophic in a severe market crash like this last one. I am glad I didn't margin. The main lesson for me: A SUDDEN CORRECTION IN ALL BBs ACROSS THE BOARD IS THE SIGN THAT BIG FIRMS ARE LEAVING AND THE SHIP IS SINKING. We had at least several days of the sudden "spike downs" in BBs across the board before the terrible tech-slide started. (spike down... recovery... spike down recovery .. market slide). "Thank you" Mr. Greenspan. Last week has been good, though. I hope it continues in the weeks to come. If anybody needs a good stock I believe WAVX is "the future Network Solutions" as it is likely to become the future hardware security standard in data transfer technology. After several years of struggle they have established a powerful network of agreements with the best in the field and have patents to back it up. Massive deployment of their technology (data transfer security and micropayment "toll both") will start in major French banks soon and should be embraced by the US market fully in 2001. I have followed it for 2 years and WAVX looks better than ever: low 8, high 50, now at 17-18. (It has corrected from 50 to 11 during this catastrophic market crash since it has no revenues yet). For details email me or visit: ragingbull.com Good luck in this shaky market, Witold