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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (13904)9/17/2001 9:03:02 AM
From: Paul A  Respond to of 19633
 
not sure really, just guesses for me at this point.. MAGS I have followed for the last 3 months tho and watched it make its all time high and fade on virtually zero volume.. so its primed to make a move and is actually was a steal below 6..

of course like a fool I bought it and sold I believe for a loss 2 times so far : )



To: RockyBalboa who wrote (13904)9/17/2001 9:14:07 AM
From: Tom Hua  Read Replies (4) | Respond to of 19633
 
Chr., be careful shorting them too early. There're very few stocks traders are willing to buy now, and those small caps with low floats can really spike for the moon. They will the talk on CNBC today. At some point and I don't know when they will have to fall back substantially.

INVN up 200% is hard to resist a sell.

Regards,

Tom


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