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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Jon Scott who wrote (27)2/21/1999 11:29:00 PM
From: Mike Sawyer  Read Replies (1) | Respond to of 19256
 
Yes, you are right...stocks can turn on a dime but most moves can be forecasted by technical analysis. I have learned the hard way that charts don't lie...people do. At this time I do not know anything about the AXC fundamentals or rumors but will be checking them out next.

I did a quick look at the charts for the stocks in your portfolio and find that you have some very good prospects. I've added many of them to my watch list and will trade several I'm sure.

I like your excitement for trading. Keep it up!

Cheers!

Mike



To: Jon Scott who wrote (27)2/22/1999 12:47:00 AM
From: brad greene  Read Replies (1) | Respond to of 19256
 
Jon,

Cool thread.......

I use the "force".......saves time and energy.

Here is my short term portfolio.....$10,000 in each security.....September 1st....we sell it all....see how we did.

50% per month....easy.

1. BANY @ $1.125
2. CHAI @ $0.82
3. IDX @ $6.25
4. IDX September 5 calls...@ $2.00
5. ANYI @ opening price.
6. Whatever David Hayes buys 100,000 shares of next.

Remember....I'm an old guy....short term is 5 months...easy.

bg



To: Jon Scott who wrote (27)2/22/1999 10:48:00 PM
From: Mike Sawyer  Read Replies (1) | Respond to of 19256
 
Well Jon, AXC had a very nice move today. Support held and a nice rally took place. AXC bounced off of it's 50 day moving average which also happens to be the breakout point from January 25th. It appears that when AXC breaks through 3 3/8 it should test the 3.90 to 4.00 area. I'm not real accurate on that. Technically AXC looks very good after this mornings rally.

clearstation.com

Congratulations on a very nice pick!

Mike