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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: xcr600 who wrote (5032)4/6/1999 12:22:00 AM
From: Rande Is  Respond to of 57584
 
Yeah, XCR, you must keep up with this market to keep your gains. Turn your back and it is gone. I placed my first order for SELB at around 5 1/2. It jumped straight to 6 1/16. At that point, I had to break my rule about never chasing a stock.

The only time I will do so, is on a stock with a tiny float that appears to be dried up. It is highly volatile and risky, so if volume misses it, you can lose big. But the payoff can be well worth the risk.

I can't imagine trying to trade blind. As for DLIA, the safe play was to sell under 30. Remember they were still unsure about the IPO and war was/is escalating. Prior to today, there was no indication that we would reasonably see the IPO this week [at least that I saw].

But boy were there some other gains today. The bubble is big and still growing.

Rande Is