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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?


To: T A P who wrote (9019)3/11/1999 10:47:00 PM
From: Daniel Miller  Read Replies (2) | Respond to of 15987
 
Question about the Tokeyo Mex SEC dispute...

1) When will it take place?

2) Will we get all question etc... that are asked and the answers?

3) Who from SI was subpoened to go so far?



To: T A P who wrote (9019)3/12/1999 12:17:00 AM
From: MoneyMade  Read Replies (3) | Respond to of 15987
 
As long you live someone will always have the upper hand! Some people have level two others don't! Always concentrate on bringing your own game up to speed.

Here are some rules....

1.) Never think you can always anticipate market response to news, Stocks have been known to rise following bad news, fall following good.

2)Set risk/reward limits in advance stick to them!

3)Buy after sharp decline following important new advance.

4)Loss of momentum in either direction can be a prelude to reversal.

5)BE SURE BEFORE TAKING A POSITION THAT POTENTIAL FOR GAIN IS SEVERAL TIMES THE RISK POTENTIAL!

6)A successful retest of former lows is a reason to buy.

TAP there are more to stocks than buying and selling. Any sensible trader understands these six basic rules even BEFORE sitting down at the computer. Pump and dump?? ok let's say David Sirks says buy it READ rule No.5

Now that you've bought, you have to READ Rule #2
Now the stock that you bought is going into the tank...READ# 3&4
the solution is to AVG down. Read Rule# 6

My point is that stocks are risky...i'll never predict the bottom
nor will i ever predict the top....But i set my targets, if you blame someone else for your losses after following these 6 basic rules
you need to take a good look in the mirror to see what your doing wrong.


MoneyMade