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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Carl Worth who wrote (9531)7/16/2002 11:39:45 AM
From: Dave Gore  Read Replies (2) | Respond to of 16631
 
Carl/All - the most interesting comment in AG's speech is that the immediate danger of CEO/CFO abuse is past. Overinflated stock prices are gone, he said, and abuse is not really possible now. He also said that while it is important to do something to prevent abuse in the future, it is more important to do it right, AND NOT overreact with overburdonesome regulations. I agree totally! When the Market thinks about it, it should like what he had to say.

BTW - I'll check out QFAB as an ODOD, maybe MHK too (eventually).



To: Carl Worth who wrote (9531)7/16/2002 2:49:04 PM
From: Dave Gore  Respond to of 16631
 
MHK - Terrific ODOD play - up 4 points off LOD!

For newbies those are stocks (usually with some disappointing news) that get temporarily oversold on a panic dump. ODOD = Oversold Disasters Of (the) Day. Believe or not, if properly timed, they are just about the best R/R trades out there.

We need a new acronym. LOL!