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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Rumball who wrote (3855)1/30/1999 10:36:00 AM
From: Jim Spitz  Respond to of 11130
 
True, but I am finding it easier sometimes to find bad companies than good ones and am surer of my information and the direction it will head.

Thanks by the way to you and Lance in particular for the info on this thread.

I was away for a lousy 2 hours today and missed the $2+ on CELN. Hope to make up for it Monday. I was in at an average of 0.51. I would have had more but due to some mistakes in December, and an unwise move Thursday, I had all my cash locked up. I have a restricted account. What that means is if I buy a penny stock and sell it again that day (for gain or loss), The buy money is locked up until the next trading day. (doggone SEC rules...they are trying to keep some people from day trading, but they only limit the little guys like me.)

Well, enough of that. I'm up large lately and sleeping well. What more can I ask for? ;) jimS