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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: scott ma who wrote (7753)	11/16/1997 10:36:00 PM
From: Doug R	Respond to of 79469

Scott, As far as getting in RLLY on Friday, I think some people here have at least an intermediate term perspective on RLLY and as such they feel they are buying very near this short-term bottom. To try to get in at the bottom in any stock is as difficult as getting out at the top. I expect RLLY to get well above 5 (to 6 actually) in 3 mos. or less so anything under 4 provides a decent annual rate of return. As a stock is doing a short-term pullback I, of course, would try to spread my purchases out in order to take advantage of possible further weakness but you have to get your feet wet somewhere. Doug R

To: scott ma who wrote (7753)	11/16/1997 11:02:00 PM
From: Instock	Read Replies (2) \| Respond to of 79469

Scott ma:? Guess I have to go back to Instock! Anyway...., Yep, it gets pretty hairy when you take a stand on a stock movement! If your correct, no problem. If your wrong, everyone see's you go up in flame and the ones who buy, flame you. Any stock that is mentioned on ANY thread, or ANYWHERE for that matter, should be checked out before a purchase is decided on. When a person puts the hammer down, and buys or sells a security, it is they alone who is doing it. If any person feels uncomfortable buying or selling a security of any kind, they should step back and take a deep breath, or buy mutual funds. Know your stock before trading! Everyone see's a security differently. You mentioned a text book definition. That works for some, but not all. The picture is wider then just one small text book definition. You are correct in saying that RLLY might go down, you are also correct in saying that RLLY might go up. Going to bed. Instock