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To: stun who wrote (29937)4/25/2002 5:01:26 PM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
Thanks, Stun, please post the ICAP fundies for us to compare with MAXF.

Every time MAXF goes up, small players start to sell once the mo-mo fades and they fear losing the gain. Then it bases until the next good news starts a leg up; many who sold "cheap" end up buying back shares to trade .50-1.00 higher than they sold.

I'm glad an old pro like yourself got it right, selling into the spike and buying the dip. Adding more MAXF is on my short list of possible buys tomorrow - my margin is down under 10% because I just couldn't get motivated to buy anything in the afternoon gyrations.

Crappy market without direction. Last thing I want to do is blow lots of profits chasing phantoms.