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

To: Bruce A. Brotnov who wrote (9992)	7/25/2002 12:23:04 PM
From: Dave Gore	Respond to of 16631

Up 7 for announcing that?! Hmmmm.....

To: Bruce A. Brotnov who wrote (9992)	7/25/2002 12:25:24 PM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

TYC RUMOR --- denying bankruptcy. That seems far-fetched, anyway, doesn't it? But the sheep bought it and it sold off big. The shorts won. Is TYC an ODOD? Hmmm...... Really hard to say. It's pure gambling. Balance sheet and fundamentals are way too murky for a quality ODOD. However, I bought a little at $8.05 and got stopped out at $7.90. It was worth a tiny risk, I guess, with very tight stops. I lost $75 but could have made a grand or possible two if they decided to run it up from whole number support @ $8. No biggee. The odds were against it, but I figured I had a 1 in 3 chance. Again the main thing for me is capital preservation and very selective investing. Investing will get easier and I don't ever trade just to trade.