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Re: None

Friday, 11/03/2000 9:22:23 PM

Friday, November 03, 2000 9:22:23 PM

Post# of 41875
For those of you unhappy with VDOT's paltry gains:

http://quote.yahoo.com/q?s=BPMI+SNIC+GIGX+GPM+PDII&d=v1

VDOT will keep running can't say the same for all of these...

Remember they pull back on the way up...selling at .73 and buying back at 1.60 was doable today...thought about it because it was up to 1.75 so fast on so little volume...that would have been about $7,500.00 but there are two big ifs...if could have filled a large lot all or none at .71 or higher and if could have got back in at 1.60...chose to wait it out there will be more exagerated moves here shortly as MM's play their MM games...

Volume is the key...it tells the story and seldom lies although that can be manipulated too...

Haven't had this much volume since March...2nd...

Punched thru the 10 day 20 day 50 day 70 day and 100 day ema one after another...

We are way outside the BBands...bounced (hit our head) on the 50 day bolinger band...I use the 20 myself and VDOT may break the rules here because it doesn't stay outside the 20 day upper band for more than a few sessions USUALLY...this time may be different because today's volume was strong and MACD just went positive...stochastics also say we could keep going a little more...

To sustain this we need some sellers and some news...both of which I expect next week.

If you practice 10 25 36 50 this was an easy 50...I think NVEI will be too...but if no news soon I'm out...

VDOT is up so much so fast it's a hard call if you want S/T profits of 25 you can most likely get that next week...and I expect some pull backs and intraday maddness from those scurvey MM's so if you want to make some money or learn the ropes this is a good case study...if nothing else practice your skills on paper...

I did today and I would have been right...although this makes you no money it gives you experience which leads to money...ask yourself hard questions:

Could I have filled in and out or out and back in...

What made you try to roll or think you could/should buy/sell...can you identify those conditions again with another stock?

If you were correct why? If you bungled it why? DD over the next 2 years and practice and you will be rich...most can't do it...this is the season till March to make your most bang from your buck...

Happy trading...

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