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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Ron McKinnon who wrote (19722)	4/2/1999 8:32:00 AM
From: Larry S.	Read Replies (2) \| Respond to of 53068

A question of style - when i saw ashw move on thursday, i figured i would have to eat my remark about it being a dog that should be shot. What you said is true, there are huge percentage movements available in beaten down stocks. SFSK's bounce from 8 to 9 3/4 a few weeks ago was a good example. HMAR total capitulation on Thursday another one. Its a question of style: if one wishes to trade for such opportunities, there will likely be many grand slams. a lot of attention and patience are required. To my taste, when i see reports that a company is unable to make a debt payment and is in violation of bank covenants, i look elsewhere. Then again, i have not renewed my membership in the vulture clup. ggg My style seems to be a combination of buy good stocks and hold them and trade good stocks on a t/a basis. here are my results for the first quarter for my 3 accounts, all approx the same $$$ 1. Brown IRA - actively traded +14% 2. Discover regular account - position and long term - + 22.5 % 3. Buy and Hold IRA good stuff - + 19.4% duh. ps ron, i tried to find a cartoon that had 6 monitors so you could watch a time zone on each. larry