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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?


To: Dave K who wrote (9598)8/23/2000 3:57:33 PM
From: Bill on the Hill  Read Replies (1) | Respond to of 24256
 
Yep, that is the problem with guessing. Sometimes (lots) I am wrong. Watching the IPO's over the last year and a half I have noticed a definite trend in their falling to a low 15 to 18 days after going public.

This does not obviously work all the time but I has kept me from buying at highs many times. GGNT does seem to be gathering strength but I will still wait as I missed the $17 level the other day and am unwilling to pay more.

Good luck. Systems are just educated guesses and stats. They are made to change.