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


To: Bald Eagle who wrote (430)3/9/1999 7:41:00 AM
From: Stroke  Read Replies (1) | Respond to of 19256
 
Would like some input from some of you re: pennies we're following.
It seems to me, and I am definitely learning, that most of the $ is made in catching the stars before they rise (like hopefully TSIG, RDIM). Then ride them up to maybe 100 - 300% and sell off a significant portion and hold maybe 25% for anything that may pop long-term. Then, after they've been 'discovered' (MRPS) they just kind of settle into a trading range and then I might as well be in blue chips. Correct? I'm sure this isn't the case w/ALL pennies but this scenario seems to be playing out in all of the 'hot' ones. My mistake is that, after the runup, I continue to believe all the hype and sometimes get BACK in before it's dropped and established a trading range (MRPS). Thoughts? TIA...

- Stroke