Channeling Stocks

[sludgehound]

billy Thx for Cherney article_Link

Paul Cherney seems to be a solid biz writer.
Reading a daily column really allows one to get a
good sense of writer's style and worth.
So solly about ATNG. Keep the beast on hold.
I've ridden worse ponies into the pond. Had just put
it on my watch list when saw your post. Sucker did
fall out of its channel. But some may see that as
a rare buying opportunity, esp if drops 50% more.
50% sounds awful for a fully priced stock but is nothing
for subs. My new rule is to decide on what I think a
low is - then buy 50% lower. If first runs higher so
be it. Lots other fishy in the OTC.
Got best runs that way in IBZT & FXGP. Burned when
didn't await the 50% drop below my 'estimate'.
Maybe after these past tow short weeks (4 day wonders)
things will pick up a bit going into Triple Witch week.
Rear of higher rate may be suppressing subs since as
a rule they suffer more trying to raise money when it
get more costly as liquidity dries up. Cheap money has
been their blessing when they can get it. Then again
inflation fears cause investors to try stocks to overcome
lost values in bonds when rates rise. (Cheapens paper).
CMKX news may run it on hope or News already priced in.
Lately couple of mine faded on decent news. THTHF ADVC
IBII IVOC. Just general market conditions.
CMKX has to show it's horse of another color. If does
drop to .0003 I'm there. If crosses .001 I'm there.
Let it show me the legs or the ass. That's a climber or a
double bottom. Sure has the crowd w/o a net watching.
Enjoy S & S. Lots to catch up on.