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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: jeer who wrote (22738)	12/6/1998 9:46:00 AM
From: DebtBomb	Read Replies (1) \| Respond to of 119973

This past week was one heck of a week, I feel sorry for the inexperienced that bought speculative nets at the open Monday, some paid over 30 for NAVR and EGGS, and are probably still holding, praying that they will come back, they have now lost about 3/4 of their money. What were they thinking?, these stocks were going to heaven? If they were SA members or followed SA they would have known one of the golden rules: never buy at the open. That's when I sell almost always, I sell at the open, I sell into others buying, I sell into strength, and I buy into others selling. Remember, SA, we are contrarians, we sell into buying and buy after others have sold, and then move on to the next one. In the last 5 weeks, one of my accounts is up 5 fold, and the other doubled. jeer, this is where you might miss the boat on gold, everyone hates it, lot's of selling, tax loss selling, near it's bottom, I will be buying gold soon, probably as soon as the Dow moves down, gold and the Dow move inversely, I might have to wait until summer 99, but who knows of the timing for sure. I really believe that next year, when the Y2K panic kicks in, the Dow will sell off and gold will go. Buy near the bottom and sell near the top, contrarian trading, IMO.