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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Gib Bogle who wrote (58755)	8/4/2006 6:35:52 PM
From: LoneClone	Read Replies (1) \| Respond to of 312651

Gib, I'm not the one to ask about that, as my expertise lies primarily in investing and fundamentals rather than trading and technicals. CD or someone more qualified than I should step in here... LC

To: Gib Bogle who wrote (58755)	8/4/2006 7:17:54 PM
From: Canuck Dave	Read Replies (2) \| Respond to of 312651

It's gambling at this point, Gib, pure and simple. Three ways to approach it. Buy at the open and hope for the best, or stick in a bid 5-7 cents lower than today's close. Or you can wait. Sometimes stocks run away from you. Most of the time they don't. Most of the time, buying at or near the open is a losing proposition. Depends on your risk tolerance and time frame. I've seen markets ignore good stories before. Quick trades can slowly turn into "investments". Bottom line? Caveat Emptor. CD