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Strategies & Market Trends : Lessons:"How to" properly exploit Price DROPS, in stocks -- Ignore unavailable to you. Want to Upgrade?


To: tom r. phillips who wrote (626)1/28/1999 6:18:00 PM
From: Jim Goodman  Respond to of 660
 
thanks, yes, my Newsletter did give PVN, as a put, back last summer, for drop off "PSYCLE sm" top, to its 200 DMA, which worked....not back in since...now, obviously, parabolic....but no opinion yet, as no clear top formation yet, but, it is good you at least know about late stage 3 in my "PSYCLE sm"....keep in touch, but know that this one also does not likely have the volatility desired in a Put, yet.... it has support at 70-80, S.T., and I have been favoring other Insur./Finl. stocks in my NL as puttables, instead, but do wish you well with this one....hope this helps for now....