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

To: FJV who wrote (662)	4/20/1998 12:58:00 AM
From: HeyRainier	Respond to of 1720

[ Chat and OMGA Prospects ] Franco, Thanks for stopping by to join us here on the thread. Your thoughts are always a welcome addition to the group, and I hope you can continue to share your observations with us in the future. Regarding OMGA, I don't plan on playing this for a while as I've already extracted from it my objective. There was a further pop at the end of the day that could take this to new heights, but I would probably put a cap at around 5 3/8. I am not quite sure how restrictive Bollinger Bands become immediately after a Bollinger Squeeze Breakout (any pointers are invited on this subject), but I don't imagine they can escape their boundaries for an extended period of time. I closed my position knowing that I was leaving money on the table for the next guy or gal, and I am satisfied with that decision. My next move is to look for the next stock that will potentially respond in the manner that OMGA did, and with the same low-risk characteristics. Regards, Rainier