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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Patentlawmeister who wrote (30050)6/4/2003 1:18:36 AM
From: Jeff  Read Replies (1) | Respond to of 30712
 
you always want to bottom feed crappers and get them early.....that was easy in 99 because i saw a weekly full AV in july that set the foundation for the blow off top in 2000.....but the slow AV in oct was the real buy point.....

thats when i said just buy and hold on...something big is coming....end result was 2000%-10,000% gains in 3-4 months

this time now is a little different....99-00 was a once in a lifetime event....

its not bad however right now as the same strategy can get you 100-400% which is plenty after a 3 year bear......

but just like in 2000....the biggest gains came the month before the top.....february 2000 was an absolute historic month for gains in crappers......

in this run.....this month...june.....could be that month before a top.....

so the first few months here i was more playing them as they ran....pulled back....consolidate....all that stuff....

but now.....i'm more playing holds for a blow off type run on many of these.....

i use the 9-13-20 "month" ema's as targets.....once they get past the 20....all hell can break loose......

and since they were all so beaten down.....heck....just getting to 13-and hitting the 20 is darn good money...<ggg>