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Strategies & Market Trends : Z PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (1568)4/18/1998 11:12:00 AM
From: DanZ  Read Replies (1) | Respond to of 11568
 
Bad luck.

Sue, talking about bad luck...After holding AAC in the Z portfolio with basically no change for a few months, I finally decided to sell it and move the money into HWP last week. So what happened? AAC rallied about $2 a share or 28% a couple of days later and HWP was up 4%. That gives me some solace. gg

Sometimes stocks break resistance; what can I say? I still think it works out better over the long haul if you sell stocks trading near resistance and buy stocks trading near support.

Dan