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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (7773)5/1/1999 1:22:00 PM
From: Boddington  Read Replies (1) | Respond to of 52051
 
This seems like something y'all might dig :

quote.yahoo.com

HSNS OTC BB

Streaming media that kick-ass on Microsoft and Realnetworks.
(as per last PR).



To: Stock Watcher who wrote (7773)5/1/1999 1:36:00 PM
From: American Spirit  Read Replies (1) | Respond to of 52051
 
Thanks for the message. Yeah, picking the bottom is tough.
I took a write off on buys of CPQ at 30, WIND at 19 and KEA at 21.
Of the three I thought I was getting very cheaply only KEA turned
out to be. Luckily I caught WIND back at 12 and it's a turnaround play back to 15 now.

I do look at charts but have no training at it. I use intuitive guesses I suppose. What feels safe. One thing I have noticed, after a stock gets suddenly hit, it'as usually two days later when it reaches its low, and it can be about 30 days later when it rises, esxpecially after tax-loss season. I've been burned buying the first day of a sharp decline. On the other hand, sometimes the reason it went down was misinformation and that creates a break. But better to be careful and wait them out.

As for momentum you can make a lot of money but need to get out at the top. Just the reverse mirror image of the bottom feed. So play either way I guess. All about guessing tops and bottoms.