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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Joe Stocks who wrote (39792)	5/22/2002 9:24:51 AM
From: DanZ	Read Replies (4) \| Respond to of 53068

Joe, Thanks for that bit of no-value sarcasm. The idea is to buy stocks before they go up and sell stocks before they go down. You seem to have missed those important bold-print words. Since nobody has a crystal ball, and that includes you, there's no way to always buy a stock before it goes up and sell before it goes down. A good example is ORCL, which you dogged on May 6, when it was trading at about $8.00, and only 50 cents above the 52 week low that it made one day later. I don't know if that 52 week low will stick, but the stock subsequently traded as high as $10, or 25% higher only a few days later. Did you buy at 9.99 because it was on the way up? Thanks again, and good luck finding a crystal ball that works better. I believe that your crystal ball will eventually fail you on GLW at 6 as well. Dan