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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (3919)12/4/2000 2:49:42 PM
From: bglad  Read Replies (1) | Respond to of 48461
 
William, I've not been very good at catching market bottoms. I prefer to see an index rally, test, and follow through in heavy trade. I will miss the bottom but I don't get burned as often. In this market, however, I agree that the fed is the key. Problem is not knowing when they will lower rates. I guess you always have to be in somewhat to catch that announcement and the resulting immediate massive rally.

Your gainers have been spectacular. I'd like to buy some of your current favorites, but was planning to wait for the RUT to confirm a bottom first. Or would you buy some here? Agree that the prez thing hardly matters, except for maybe giving us a 2 day rally.

Worthy of note is that since the Naz decline began, two day rallies have been followed by down days with perfect consistency. Eventually, of course, this pattern will be broken. But until it is, I have to sell those rallies. bglad