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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: GTC Trader who wrote (20628)	2/16/2001 8:15:22 AM
From: Richard Mazzarella	Respond to of 59879

HB, <<recommended buy point?>> If I knew that, I would already be stinking rich and wouldn't be posting to stock message boards. <VBG> While I enjoy catching a bottom for both financial and egotistical reasons, catching bottoms can be hazardous to one's wealth. I hedge my guesses by dollar cost averaging into stocks I believe to be seriously oversold. Eventually, resource prices recover, i.e. oil, etc. The metals are oversold, it's just a matter of time. Trying to catch the exact bottom can difficult because of false starts. When the metals move again, expect multiples of 10 in stock price. IMO buy the "unhedged", HGMCY, HM, NEM, GLG, etc. for the greatest leverage. Also diversify to preserve capital.