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To: Iceberg who wrote (15848)8/15/1998 6:57:00 AM
From: Johnathan C. Doe  Read Replies (1) | Respond to of 53068
 
Any thoughts on TLAB as an opportunity?



To: Iceberg who wrote (15848)8/15/1998 8:13:00 AM
From: Ron McKinnon  Read Replies (2) | Respond to of 53068
 
>>>> Do you buy into downtrends? Ice

not usually

the key words were "worth a watch"

by that I mean keep an eye out for a positive turn in the decline

TOY is below all support, and all technical indicators say stay away

at some point in time/price this will change giving an entry signal

for my position/hold trades most here know that I usually phase in in 1/3rd pieces; frequently buy using buy stops above a selected price, and often average up

that is very different than trying to buy in by picking a bottom of a falling knife

once in a while I actually get it right

gg