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Microcap & Penny Stocks : access power (accr) -- Ignore unavailable to you. Want to Upgrade?

To: Andrea who wrote (110)	5/25/1998 10:44:00 PM
From: DWW II	Read Replies (1) \| Respond to of 803

Andrea, Try this..................When my wife found CMGI we decided that we always wanted to have a position in the company, in case it would make an unexpected move up. That is what always seems to happen to us when we sell for a profit. We get out, and it goes up. Damn. So, to remedy this situation/possibility we use a "reverse leap frog" strategy. We wait for it to go down (in your case for ACCR $2.65) and purchase a block. If the stock continues down, buy another block (say $2.50). Then it goes up to say $3.40 sell your high position and wait. If it goes up from there, you are in with two blocks at $2.60 average. If it goes down, purchase another block, only this time wait for it to go down lower that $2.50. This is assuming that you do not want any more shares than the sum of your two previously purchased blocks. If it goes below $2.50, purchase a block. Wait for it to go above $2.65 and sell a block. At that point you have averaged your long term hold price to below $2.50 and took profit along the way. It works. We do it. It takes patience and attentiveness. Good Luck. Thanks on the NASDAQ info. DWW II