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Strategies & Market Trends : 99 RS stocks--WATCH THEM FLY HIGHER AND HIGHER -- Ignore unavailable to you. Want to Upgrade?


To: HeyRainier who wrote (583)12/11/1997 1:23:00 PM
From: Cornstock  Respond to of 836
 
Rainier, I think what we are finding is that a great majority of stocks that reach the RS99 heights have only one place to go - down! I think you are the one that communcated that stocks with an RS88 or those moving up may have better results. I think you are on to something there. It's better to be a wannabee. So much to do and so little time. Need to learn much more about TA, candlesticks, etc. I'm beginning to think...........not in my lifetime. I may have to leave that up to you young, smart guys like the Rainiers of this world. I'll just take advantage of your knowledge and hard work.



To: HeyRainier who wrote (583)12/12/1997 12:12:00 AM
From: freelyhovering  Read Replies (2) | Respond to of 836
 
Rainier--I think you are absolutely right. However, the portfolio is a device to study the behavior of the 99ers in order to decipher their movements and determine the best place to sell, short and buy for rebounds. I have no belief in buy and hold for these critters. But, you must give them their due. They are the best stocks in the market by the time they reach a 99 status and deserve to be studied and respected for possible rebound potential. Like I am watching JBIL, UTI, GW, SMOD, and many others like a hawk for when they are ready to resume their uptrend as measured by all the other TA instruments. Thanks for looking in from time to time. Regards, Myron