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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?

To: majormember who wrote (504)	3/29/1998 11:44:00 PM
From: HeyRainier	Respond to of 1720

[ Sunrise: SNRS ] Skane, I like the potential for this company. The chart is very strong coming right out of the breakout. While the potential for this to go to the moon is there, I'm not in favor of chasing up stocks. It makes my entry an unbalanced one. But I admit waiting on the sidelines has its opportunity costs: look at OBJX. I was watching this with interest at $3 (the breakout point), then it proceeded to move up to $5 within the course of the next few trading days. However,unless my conditions for entry materialize, I will stay on the sidelines. Success requires discipline, but discipline also has its costs. Watching with interest, Rainier