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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?

To: Trader X who wrote (344)	12/15/1997 5:38:00 PM
From: Dave H	Read Replies (1) \| Respond to of 2377

Jeez, Let's be realistic about this; since everyone and his dog had a chance to read that IBAH was the pick since yesterday afternoon, it's hard to see how anyone would actually not wait and see where IBAH was going to settle after a possible SWAT effect. Chasing ANY stock up is seldom going to make you money. The SWAT team did a TON of FA & TA work on IBAH, and that was provided to everyone for free. If anyone took time to actually READ the tremendous amount of information the SWAT team provided to you in the writeup, you would see that there are lots of things going for IBAH but it is also a bit more risky to get into than some other stocks -- anything that moves in 1/4 points and is priced under 4 dollars has a lot more risk than when the spread is 1/32. (the wide spread was also mentioned in the writeup in the TA section..) No one guaranteed that IBAH would make everyone money today. And no one is guaranteeing that IBAH will make anyone any money EVER. If you don't like IBAH, don't buy it! If you buy IBAH, YOU are responsibile and no one else. I am completely not surprised that IBAH moved back from the intraday high of 4 1/2. But it didn't break down; it merely found the strong support line at 3.75 (indicated in the TA as it's strong horizontal support line). The more a line is tested the stronger it becomes, and the more confident you can feel with regards to downside risk. My hat goes off to the rest of the SWAT team for an excellent job in presenting a stock that might be at the start of a nice turn-around, while fully acknowleging that there is a fair amount of downside risk involved. I'm honored to be a part of the team with all of you. We aren't here to hold anyone's hand. -dave