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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: lostmymoney who wrote (3264)	10/7/2003 2:50:11 PM
From: Ken W	Read Replies (1) \| Respond to of 23958

Mikey Okay, step by step... I bought 3000 shares of FORG at 3.40 (it took a while since it does not trade alot of shares)...Now the target on 1500 of those shares is 4.00 (per the charts) That sale will reduce the cost of the "core" 1500 by $900 bucks. If the the stock should again go back to 3.40ish then I'll buy the 1500 back again and pocket the $900 with (again) the target of 4.00 and reduce the cost of the cores even further. If the stock breaks out over 4.00 on good volume then I'll hold the cores to mid 4 or low 5....finally selling the core shares and begin looking for another one... That's just the way I do things..and most times try to post when there is a trade that looks safe within the channel to lower the cost of the cores. Sound reasonable?? stockcharts.com[m,a]daolyyay[pb50!b200][vc60][iUb14!Lp14,3,3]&pref=G Ken