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

To: LANCE B who wrote (4498)	2/4/1999 11:04:00 PM
From: Wayne Rumball	Respond to of 11130

Entierly correct. But it's difficult sometimes. Everytime I look at UPGD I see nothing but strenght in the trading, yet I have been selling from .50 to 2.50 The point here, is don't second guess yourself, when you are sure you are right, you probably are. Do what I say, not what I do. If I followed that advice I'd still have 10K UPGD and be very happy about it. But I second guessed my analysis of the situation and could not believe a .20 stock could trade at $2 and keep going. Of course I completely forgot the EGGS eqation here.

To: LANCE B who wrote (4498)	2/4/1999 11:07:00 PM
From: Fred Davis	Read Replies (1) \| Respond to of 11130

Good points lance. Aren't most of these declining prices detectable by the amount of volume? As a general rule, heavy volume with declining price indicates a sell off for whatever reason but on the other hand, if the price is falling on low to moderate volume wouldn't this indicate a shake out or some type of manipulation? Sometimes volume is deceiving to me though and is not always indicative of price movement. Would you agree? Sorry for the investors 101 course. Regards, Fred