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To: Dave Dalry who wrote (1544)4/20/1999 9:42:00 PM
From: Jeffrey L. Henken  Respond to of 2662
 
Dave I just started putting some effort into doing a little short term trading a couple weeks ago. I am doing this in my SEP IRA so transaction costs do not mean much. I am doing great but I am uncomfortable making recommendations because so many of these stocks are so tremendously volatile.

By the time I get in or out of a stock the stock, and then post about it, the stock may have risen or fallen by a tremendous percentage. I can tell you that I had 3 stocks on a possible buy list this morning. I was so right about the buy signals that two of the stocks gapped at the open by 50%. Buying into that kind of a gap would have been suicide. I didn't do it and no one should. So what am I looking at tonight? I haven't decided but I am adding FCM to my list because it looks like a good short or long term play. I don't mind confirming that about FCM. The stock is giving off a strong technical buy signal.

If it goes up then Mark gets credit.

You already know which stocks I am holding long term positions in Dave.

Thanks, Jeff



To: Dave Dalry who wrote (1544)4/21/1999 12:07:00 AM
From: Jeffrey L. Henken  Read Replies (4) | Respond to of 2662
 
These do not in any way shape or form reflect my favorite picks Dave. I got a late start on my due diligence tonight but here is what I'm watching closely tomorrow besides what is already in my long term portfolio:

quote.yahoo.com

My favorite stocks are already on the InvestRight Index.

Regards, Jeff




To: Dave Dalry who wrote (1544)4/21/1999 7:51:00 AM
From: Stroke  Respond to of 2662
 
Dave I don't know much abou PSFT and wouldn't venture to guess what they will do in the future. In addition I respect JH and his thorough dd (sure you're not MY dentist because it always takes him FOREVER to get in the d*mn room to see me). But unless you sit in front of a ticker and follow which are the hot sectors you're never going to be on top of what's "in". There are many strategies but mine is to move penny profits into safer "value" plays. When everyone says SELL, and a stock has hit a low point I TEND TO THINK it could be the time to buy. You do need to research the stock and IT'S POTENTIAL to ensure it will go up but if you wait until Merrill and Goldman all say BUY then you miss the great gains. I currently like PIN (from $31 to $4 not much downside risk), SRV, TMO (new CEO just installed) and OXHP. Best of luck...

- Stroke