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Alias Born 07/20/2003

Re: None

Thursday, 10/07/2004 7:47:38 AM

Thursday, October 07, 2004 7:47:38 AM

Post# of 7045
Joe: I am going to try and pick up some "POPN" on a drop like yesterday if I can and sit on it until it pops like you think it will in the future. I am also going to try and get some of that "ITCV" for the future, due to it does have a very good concept and also shows potential. I have been doing so well on dead cat bounces with some NAZ and DOW stocks that sell off on bad news and get oversold with panic. It seems the sky falls on these and then they have a very nice spike up and I sell before they settle down again. The risk is great, but the last 4 have yielded a minimum of .22 and as high as a $1.00 before I sold in a day or two. A couple like Sons and IBCIQ went much higher, but I have learned not to get too greedy. With the smaller ones of less than .10 then I don't mind letting them sit for a while to receive a nice spike, but the ones I have been playing have had a risk factor as high as $33,000 so I don't leave the computer for a second until it is sold for that bounce. Holding for one more day on those is nothing short of stress at it highest, due to the unknown and what the PPS will open up at the next morning. When the stress get's too high, then I take some time off and re-group my thinking, because I know if I don't, I will get lazy and it can cost a bundle to not stay ahead of the market surprizes. Thanks and good luck, Walk
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