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

To: Kim Lim who wrote (6430)	2/19/1999 6:36:00 PM
From: LANCE B	Read Replies (1) \| Respond to of 11130

NO KIM...it is a two way street... first we have to earn your trust.. then you buy some stocks we notice... this way the momentum starts, then the steamroll effect...that is what some people still do not understand.. TRUST... pryd-risky plays for people that have a little extra of their profits to throw into a stock that could get you nowhere,or smiling from ear to rear...... it is almost sundown and my glass is sitting their waiting to be filled with some southern comfort.........oh what a beautiful day.......hope everybody did not stretch themselves too far... nothing like 1 day to bail you out of a bad week.... screw nasdaq ,i make much more in the pennies... BIDN- YES FOLKS,IT IS LEAVING ON A JET PLANE MONDAY.. ALFN-INCREDIBLE,STOPPED AT THE END OF THE DAY TO LET MORE PEOPLE ON.. JSUB- SORRY,I THOUGHT WE WOULD SEE .50.... GMCH- YOU GUYS FORGOT ,DIDN'T YOU...(GOOD THAT IS WHY IT IS MOVING) SCMI-THEY ARE NOT HAVING MY SHARES.. LGPT- LOOK OUT FOLKS...THAT IS RIGHT...THEY ARE NOT BEING SOLD... APOLOGY ACCEPTED..THEY HAVE $$$$$ NOW,THEY ARE BUYING???GET YOUR FACTS STRAIGHT???? ACNTF-LET US TEST MY HUNCH.... PCBM- WHO LET THE MM SCARE THEM OUT???I HOPE NOT.. IHTL- NICE LITTLE INCREASE QSTI- (THAT SOB STILL OWNS) YES.... OKAY BARTENDER PUR ME A DRINK......YEAH!!!!!

To: Kim Lim who wrote (6430)	2/20/1999 8:06:00 AM
From: Wayne Rumball	Read Replies (3) \| Respond to of 11130

ALFN - I took profit and got out too soon. But it doesn't matter. Point is to take the profit and move on. Don't always try for maximum gains. Even if you get out too early at least you get a profit and can put it into something else and take more profit, etc, etc. I sold 10,000 UPGD at 0.50, didn't want to, but also didn't want to kick myself later for not having done so. I do not care it continued to $5. At least I still had 1/2 that I sold along the way. I always sell something on a run. Nothing wrong with taking 100 or 200% profit. If you wait too long you could end up taking a loss. My motto - all stocks are crap. Get out with profit as fast as you can and move on. Although others here do hold longer than me and get better profits on some stocks. But in the end it is hard to say who has made more, the guy that held for 500% profit, or me that moved on and flipped 2 or 3 others for 50 - 200% on each, while the other guy had no money left to play. Everyone has their own investment style. Hell I've never even visited the web sites of most of these companies. Afraid to, I just might like too much what I see...

To: Kim Lim who wrote (6430)	2/20/1999 8:12:00 AM
From: Wayne Rumball	Read Replies (1) \| Respond to of 11130

Oh I forgot, PRYD - this is very risky. I put $1500 in it, for me that is a small amount that I throw at extreemly risky plays. I was watching it for about an hour, waiting for the bid to be more reasonable, then someone bought 15K and I said to hell with it, I'll get some. I figure I'll either get out at $1 or .125, 50% loss or 300% gain. 50/50 chance it goes either way. I wouldn't buy at current ask. If you have some cash to risk a 50-75% loss you might try to see if they'll take a buy at .25 - .30, you don't always have to buy at the ask.