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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (4463)	1/16/1999 11:53:00 AM
From: Tim Luke	Read Replies (2) \| Respond to of 122087

everytime i win on a trade someone has to lose....everytime i lose on a trade someone has to win.....pretty simple isn't it? i did over 400 trades last month, longs and shorts and the key to being a successful trader is being able to take your losses as well as you do your wins.

To: Anthony@Pacific who wrote (4463)	1/16/1999 12:31:00 PM
From: Jim Spitz	Read Replies (1) \| Respond to of 122087

I see what you mean. I will be watching IMON on Tuesday. It should be interesting. I'm learning more every day. jimS

To: Anthony@Pacific who wrote (4463)	1/16/1999 12:33:00 PM
From: Brooks Jackson	Read Replies (2) \| Respond to of 122087

IMON -- Anthony, could this be a repeat of CFON? Recall that CFON is a crappy little scam company (IMO), losing money, financed by 'death spiral' convertibles, trying to peddle video telephones that are way too expensive. The announced they intended to sell set-top web browsers, too, and their stock spiked from $2.50 to about $15 in a couple of days, before collapsing back to $2.50 and making scads of money for aggressive, nimble shorts in a few days. The web browser product never materialized. I haven't done any DD on IMON yet -- but if it follows the CFON pattern it could get run up much higher Tuesday, peak perhaps on Wednesday and then collapse. I'm short at about $5.50 -- and plan to re-short at higher levels if it spikes.