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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (8009)	9/21/1998 2:24:00 PM
From: hoffy	Read Replies (1) \| Respond to of 25711

A newletter could work if the letter picked good stocks. And not just penny pump and dump schemes. ALso the people who are recommending can't be dumping the stock as soon as it rises a little, which happens in most of these letters. They are looking to make 20-40% in a day and just sell into the subscribers buying. Sad that some people get suckered but before you buy any newsletters stocks you should watch what happens with a few of their recommendations. If you did that with the Winner's group you will see a pattern. Lots of volume the day or so before the letter comes out. Then a spike on the day it comes out followed by a quick falloff to levels lower than it started at. Hence a PUMP AND DUMP scheme.