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Post# of 24977
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Alias Born 08/05/2002

Re: None

Wednesday, 07/07/2004 6:12:25 PM

Wednesday, July 07, 2004 6:12:25 PM

Post# of 24977
Major_Droppers continue to be solid performers as shorts. This has been posted over & over going back years, whether it be here or on the old board. Nothing seems to change the situation. Up or down market. Short side on these gems is hitting 80%-83% overall for more than 1100 stocks now tracked back to Jan 2002, the difference in the percentage being the amount looked for.
Current last 1 month totals are in the 86% to 92% range, again depending on the conservative target profit looked for.
The concept has always been to take a conservative, small, constant profit on maginable stocks with good volume to assure easy in/easy out trading. Don't want a low volume stock in these to end up getting stuck in.
At 2%/4% margin gain it is the higher level of 89-92% success rate. That is about 9 of every 10 hitting a profit. At 2.5%/5% gain it is about 85-87%, or roughly 8 1/2 profit wins out of every 10 traded. Consistant, constant, compounded gains. Doesn't matter the industry or the reason for the drop. All in all a very simple way to make daily income.
There were 6 Major_Droppers yesterday. 5 already hit the conservative target: EMBT, MUSE, KVHI, LSCC, ESPD. Only miss so far was VRTS. This would be Day 1 or the suggested maximum 5 day hold period to hit target.
In the last month there have been 44 qualified Major_Droppers. As of today's close, 40 hit 2%/4% short side target, 38 hit 2.5%/5% short side target.
Easy money constantly.

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