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Re: Trading



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At 12:03 AM 10/10/97 +0000, Arthur Rivet wrote:
>Leo
>In reguards to trading, I have been trading for about 10 years or so. I have
>tried many different systems,indicators,explorations,Telescan prosearches,
>ect. I have more than my share of bad trades and good trades. I have made
>alot of money over the years yet carry alot of scars too. This for me seems
>to work best....Telescan prosearch to discover the BEST sectors, then a
>prosearch to find the BEST stocks in those sectors, those stocks MUST be
>over $25.00, and they MUST be at new highs. ... period.....On 8/29/97 I
>bought, KEG, LSS, NBR, FLN, and on 9/15 I bought MARY... They are all up
>between 10-45% in 5 weeks.  I use metastock to let me know when they
>technicals are getting bad as a sign to get rid of them., buy I really dont
>rely on metastock for buy signals. Im not saying that this is THE way to
>trade, but this has worked for me. There is an old saying, YOU GET WHAT YOU
>PAY FOR. Cheap stocks, or stocks that are droping in price, are cheap, are
>droping, for a reason
>
>
Arthur -

   Well said, especially your "Im not saying that this is THE way to trade,
but this has worked for me."



-- Frank :-)

High Return on Investment using Technical Analysis
http://www.usinternet.com/users/fbg/
Minnesota Long Distance Canoe Racing
http://www.usinternet.com/users/fbg/mnlong/
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