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mortgagebroker

05/26/01 9:29 AM

#186 RE: Harbie #185

great week this week, HCEN NWKC CYBA etc,,,,,,,, these lil naz plays can be a heck of alotta fun,,,,AH the other day was truly awesome,,,,,,,,,,,thing i always worry about w/ these plays is the threat of a halt. delisting, guess thats a good reason to dump them when u get your price,waynoos ist rule ,all stocks ARE POS ,,,,, advice well taken here:)

best regards


MARK

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Wayne R

05/26/01 8:20 PM

#189 RE: Harbie #185

I know what you mean Harbie.

These days I'm in so many places at once that I end up posting in the pit as an afterthought.

Not because I don't want to share, just because whatever it was is already gone by the time I'm filled, and I'm ready to sell.

From investor to daytrader to minute trader to second trader. Where will it all end?



Wayne - PTGIDLMAOTT
This is not a recommendation to buy or sell securities. I have most likely purchased this stock before mentioning it (how stupid do you think I am???). If you wish to run it up 100% or more, I thank you in advance.
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ChrisJP

05/27/01 8:16 AM

#197 RE: Harbie #185

Hi Harbie ! Yeah, how long will it last ?

The big question. Its been going on for 7 or 8 weeks now. I'm guessing there are maybe 3 or 4 "fun" weeks left. After that, I think the markets will weaken ... and hey ! its summer !

There will always be plays, there always are ... but my feel is that we won't see the easy 8 - 10 baggers we are seeing now. But there are still plenty of "pre-delisting" stock runs waiting to happen, lol.

I still like to look at charts to try and get a feel for sentiment and money flow.

http://quote.yahoo.com/q?s=^IXIC&d=c&k=c2&a=v&p=m50,m200,e50,e200&t=1y&l=on&....

As you can see, we are currently trading above the 50 dMA but well under the 200 dMA. I see 3 possible scenarios:

1) We head for the 200 dMA short term, party time continues, head back down to the 50 dMA longer term, but the trend is still basically up. Great environment for the OTCBB.

2) We crawl the wall of worry along the 50 dMA short term
until the 50 dMA line and 200 dMA line converge. Still good for the OTCBB.

3) Reality sets in soon, after all, we have energy problems are earnings warning season coming -- we break below the 50 dMA and retest the 1600 - 1800 area. Not so good for the OTCBB.

By mid/late June, I personally think going conservative until it is clearer what the markets will do from Oct 2001 - Feb 2002 might be a good approach.

Just my thoughts,
Chris

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JamesB

05/27/01 11:00 AM

#198 RE: Harbie #185

for whatever reason, i'm twice the trader when i'm not in the chat rooms, guess it has to do w/ spending 100% of my attention on scanning, charts, news etc

Don't worry about it Harbs, there are some exercises we can start that will improve your ability to "multi-task". First, we will start with some bubblegum and a short walk, then move on to patting the head while rubbing the tummy. We will have you back in those chat rooms in no time.