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To: cool who wrote (14387)5/23/1998 11:50:00 AM
From: Susan Saline  Read Replies (2) | Respond to of 53068
 
HI all

A little weekend reading can't hurt

Summary of "Momentum Daytrading - Tricks of the Trade":
Message 4571285

Sue



To: cool who wrote (14387)5/23/1998 3:44:00 PM
From: Susan Saline  Read Replies (1) | Respond to of 53068
 
GMGC

This is one I want

for the long haul

but I am cheap, <gg> and do not want to pay more than 10 bucks for it.

I missed it once, but I won't miss it the next time it comes around.

Currently basing with indicators heading south on the daily chart(Sto 51 pointing down, RSI 58 pointing down, and Momentum also pointing down.

How to play this.

If I owned it now, I would probably not have a stop on it.
They have a great new product.
New inovative products, with good revenue from sales makes a stock go up (well, it should...anyway).
But it's still early in this life cycle, so I believe GMGC will try to test 10 again, or slightly above that.

I will be a buyer in the 10 area on strength (large buys at the ask).

Opposing views welcome

Sue