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Replies to #604 on Research Pit

Mr. Zen

06/17/05 5:14 PM

#606 RE: Jagman #604

OLGR, well I guess that will be shorted monday and should drop like a stone.
I've been saying this for a while, the market is made up of scalpers, day traders and shorters right now... companies with good news seem to drop in price.. In order to be a contrarian in this market look beyond the time line of shorters and scalpers. Now is the time to pickup sound companies with a good business plan that are sitting near their lows, and hold on through Sept. not worrying about the day to day price just know that you own pieces of companies that are moving forward.

Using the personal guidline of making 100% profit between now and the end of the year pick those companies that fit that profile and take the more boring route of buy and hold.