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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: JoeinIowa who wrote (12935)1/21/1999 12:47:00 AM
From: Cary C  Read Replies (1) | Respond to of 29382
 
>>I agree completely but until it pulls away from the 6 1/4 magnet there is no real reason to own them.<<

I have trading money and hold money so I guess it is how you look at it. I bought CNGR when it was first talked about on the thread because I liked the mid to long term potential. Since I was looking for mid term, I bought it with hold money. Just like I did with APCO. It allows me to be risky with some of my money but somewhat conservative with the rest. Of course if CNGR goes to $8 or $9 it may turn out to be shorter than I think. lol

I don't believe there is much between 6.25 and 7.25 as far as resistance. Since I can't stay home during the day and watch and I don't want to miss out on that point, I'll hold. Of course if they open a website I would have to pay a lot closer attention do to volitile price swings. <g>