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Strategies & Market Trends : Want to make $1000 a week trading.....I'm going to try!!! -- Ignore unavailable to you. Want to Upgrade?


To: Robert Stewart who wrote (284)1/14/1998 9:06:00 PM
From: Jodi Segal-Lankry  Read Replies (3) | Respond to of 1100
 
Guys,

You are embarrassing me. I don't really have a system. After months and months, hours and hours, minutes after minutes watching mostly pennies I pretty much can tell when one starts to bottom out. I do a ton of dd - call CEO's all day long - get a feel for releases coming etc... Also, big on checking historicals to look for increased buying etc... ON and ON - Also, having a pretty luck week.

I can tell you why I bought VTEH today. This company traded as high as $13.00 eight months ago. Bottomed out at .25 cents recently.

Company is involved in Internet Gambling. When USA decided not to let them do it here the stock tanked. Found out from the company that they were looking for a niche in internet gambling in Europe. Watched closely and saw the stock starting to move today. Did some dd and found out that they will soon be receiving a large amount of financing to get the ball rolling in Europe. Obviously, insiders feel that this will be big hence, the beginning of volume coming into the stock and upwards swing in the price. Decided to buy even more near the close when I saw we were closing at a high with very little profit taking (usually means longer term buyers and an AM gap). Anyway, this one could continue up big time considering it was a $13.00 stock not too long ago. Also, news regarding financing will be announced within three weeks and this could be a slow climb before the release.

With all of these factors in place I feel that the stock will go up more.

KEY KEY KEY - NEVER GET GREEDY - TAKE A PROFIT AND SELL

For example, I could have made more money holding BAAT a few days ago for an extra day but got out with a hefty profit. NEVER LOOK BACK.

NEVER NEVER NEVER PAY MORE THAN $25.00 FOR A TRADE!!!

Jodi