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To: David Wise who wrote (4960)1/28/1998 12:19:00 AM
From: John Ritter  Read Replies (2) | Respond to of 10479
 
I've got that mastered, not buying at lowest or selling at the highest. The trick may be having a sense for when a stock is bottoming and will eventurally begin to move. There are certainly a number in terrible selloff patterns. REDB, APLX are both in this situation. If they turn the corner, rather than linger and consume their resources, they will be nice plays. I don't have a feel for the when exactly and would, as always, appriciate any thoughts on these or other special situations.

John



To: David Wise who wrote (4960)1/28/1998 6:04:00 AM
From: DCBEN  Read Replies (2) | Respond to of 10479
 
You can, of course, make lots of money trading. Many do, most don't. The way to become a billionaire, though, is to buy small companies when they are cheap and hold them until they are big companies that are no longer cheap. JMO

Allan