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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Fortune III who wrote (2630)	6/27/1998 12:27:00 PM
From: dharampal luthra	Read Replies (1) \| Respond to of 2897

Hi Bill, here is one way to ride the bumps, and in the process settle the stock price down and maybe help yourself from the actions of the day traders. 1. Read but dont pay any attention to news, lies and the like. 2. Set a starting base price for the stock. Let us say that in this case you set $5.00 as the base price below which you wont start this trading action. 3. Every time the stock moves up 20% from base, sell 10% of your holdings at that time and set up a new base price as the price at which you sold. If the stock then drops 20% you re-invest your proceeds thus increasing your portfolio size and then setting a new lower base price. In summary you have a new base every time you trade and look for the next 20% move in either direction. You notice that the base is not an average price but you act as if it is for it to work well. I have tested this on some model portfolios and it seems to work extremely well. In real stock trades, emotions take over and I dont do as well. You may change all the percentages in this example to suit your personality and desires but once chosen, stay with it...