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

To: Dave H who wrote (11561)	1/29/1998 1:49:00 PM
From: Doug R	Read Replies (2) \| Respond to of 79242

Dave, I was wondering what exit strategy you have in mind for AMLN. Esteban will be including AMLN in his PGDCEB performance update. Just curious, Doug R

To: Dave H who wrote (11561)	1/29/1998 2:49:00 PM
From: lazar921	Read Replies (3) \| Respond to of 79242

well in case you havent been following every post...the one grave error i am pointing out is the pick of amvc at 2 1/4...had you bought on the recommended date you would have bought at its high. NEVER ONCE has the stock been higher...it now is below 2...it had a target of 4 in the 3 mo POW plan. doug himself claimed to average down and then sell and yesterday seemed to hint at liking the potential again w the earnings.....these are facts...there is also another list of stocks that were picks that never traded higher than the day recommended. there are quite a few. of course there are winners...i would say 50-50 at BEST if you followed all...yet the losing % and dollar amount invested in all issues being equal you would be down. you may be lucky and have gotten more of the winners, but i can give you a nice list of the losers if you like, all fact. all posted here.i am only warning you not to get too excited over analyzing stocks under$5...its a crap shoot. they do not represent the best available opportunities in the mkt. any real trader will tell you thet. stocks like radaf rlly amvc vcr boscf are not big market movers. you may grab a few dollars ...and im glad for you if you do....but classical analysis and an understanding of equity markets will serve you better in the long run. one bad play on a rlly or recy and you could be washed out for good. and finally. i am not accusing doug of anything. if anything i am suggesting he apply his knowledge to stocks you may feel safer in and may be more logical in terms of analytical applications. i think doug obviously has ta knowledge, but it is wasted on volatile, small cap, thinly traded,erratic stocks. period. i really hope your lesson doesn't come at the expense of your total acct...the mkt doesnt care about anyone and is bigger than you can imagine ...it is not a money machine for you to pull cash out of w toy stocks. sincerely jeff