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Strategies & Market Trends : Position Trading Forum

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To: CharleyMike who wrote (4828)	11/1/1998 6:01:00 PM
From: Mark C	of 7247

My pick is DELL. Dell has traditionally traded up prior to earnings release, which is Nov 12th after the close. Hope to see 71+ before the week is over. I will sell a portion of my holdings on Monday morning (assume a gap up as it has most mornings lately) and trade it a couple of times a day. I plan on staying long until the earnings release but I may get out entirely prior to the close on the 12th since everything seems to trade down after earnings are released. I am planning a similar strategy for CSCO but I did not stay long over the weekend because I didn't get a chance to buy back in on Friday afternoon.

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