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Strategies & Market Trends : Lessons:"How to" properly exploit Price DROPS, in stocks -- Ignore unavailable to you. Want to Upgrade?

To: pham who wrote (460)	3/3/1998 3:29:00 PM
From: Jim Goodman	Read Replies (1) \| Respond to of 660

obviously, pot. stage 6 S.T. top around 30, firm, on SMTC, for a pot. drop towards 200 DMA around 25- 24 (then, maybe 20 again if it goes below initial level ?) ??? but is a slightly difficult one, because not really as massively overpriced any more....I hate fundamentals, but only 25 X PE now, vs. 35 X a few months ago ? but is one to watch, for pot. puts where suitable, with a very close stop when/if breaks over 30+, right ? hey, in a diversified portfolio only, L.T., in-the-money only, etc., you may have one here ? ....best wishes,