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Strategies & Market Trends : VectorVest Prographics -- Ignore unavailable to you. Want to Upgrade?

To: jbay who wrote (69)	3/18/1998 3:50:00 PM
From: doniam	Respond to of 140

Quite a ride on the ABIIB horse. I used a tighter stop than VectorVest so got out at 15 1/4 for 3/4 point. Quite a ways from Monday open but better than a poke in the eye with a sharp stick. -Don

To: jbay who wrote (69)	3/18/1998 4:55:00 PM
From: Kip518	Read Replies (1) \| Respond to of 140

jbay, actually a similar thing happened to me just after I bought DHI when it rose to the top of VV's screen. A couple days after my purchase DHI offered to buy Continental Homes & dropped 2 points in a heartbeat. VV then dropped the rating to a hold & within a couple of weeks it had moved nicely back & then went on to make a new high (DHI still has a high VST rating). I'm curious to see how VV rates ABIIB tomorrow. Clearly it should be a sell at today's close. However, my guess it that the stop will be lowered & the stock rated a hold (especially since it is supposed to be in the model portfolio after a purchase on Monday -- at what price?). Anyway, I'm holding ABIIB and may add to the position when the dust appears to be settled. Kip