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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: Jim B who wrote (2142)	7/15/1998 11:50:00 PM
From: WVMayor	Respond to of 44908

FWIW, PNLK was the last highly anticipated website to launch... They had a preliminary web site up for a couple months... the stock went from something like .50 to $8.00 over 3 weeks, JUST IN ANTICIPATION of the site launching. Unfortunately, due to some shady dealing and a site that was not ready for launching, the stock has been driven back down to $2.00. However, the runup may have been justified had they truly been ready to launch. It seems to me that TSIG is going to be ready to launch this site. We could see a serious explosion over the next few weeks. :-) IMHO, Mayor

To: Jim B who wrote (2142)	7/19/1998 11:59:00 PM
From: Michael Turner	Read Replies (1) \| Respond to of 44908

Jim, I agree with your opinion about locking in some of your profits during a good trade. On the other hand, if the indicators that you are using look even stronger +1/2 or +1 1/2 into the trade, adding to the position may not be such a bad idea. Let's face it, if the stock that you are trading is strong...there is little upside technical resistance...the sector that you are trading in is strong, and the market is strong...why not go "longer?" You already have a cushion of profit to buffer you against a loss, and there may be a great opportunity to make a bundle on the trade. The only aspect of adding to a winner that I am VERY cognizant of is the percentage of my trading capital that is allocated to that one position. Too much is too risky, regardless of what the indicators are telling me! Regards, Michael Turner Author DayTrading into the Millennium tradersresource.com