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Technology Stocks : RGFX Raster Graphics -- Ignore unavailable to you. Want to Upgrade?


To: MellB who wrote (527)3/19/1998 3:38:00 AM
From: Bilow  Read Replies (1) | Respond to of 593
 
I've started taking day trading classes, and I am swearing
to discipline myself to take small losses, but to let the
winning positions run. No more dead money. This is a
different mind-set from long term investing.

By the way, another printer business, ENCD, came onto
my charts for a dead cat bounce. I left it alone cause
it wasn't cheap enough, but their problems were similar
to RGFX's problems. This is not good news for the
companies in that industry.

I bought SYMM this morning hoping for a dead cat bounce,
but the sizes started going against me, so I sold 10 minutes
later for a 3/8 loss. If this seems tough, you should look
at the chart. It went on to further crater considerably.

-- Carl