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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna2 who wrote ()9/17/1999 6:18:00 PM
From: Sam Raven  Read Replies (1) of 120523
 
Re-cap of the Savvy-Trader room this week. Several of the positions entered Monday stopped out then, or Tuesday, one exception was ESIO our biggest winner on the week. TEK was called at 33.75, it did just barely hit a 3% stop Tuesday before ending the week at 37.13. My biggest heartache for the week was calling a stop on ROWE at 18 on Monday, it went on to close strong today at 24.31. That is the risk of the stop, which is insurance against a big drop, we encourage the use stops. Tuesday was very quiet, making with only 3 alerts, stopping out of 2 of those. Wednesday and Thursday had both longs and short alerts still with more stops than average. Friday's rally closed the week a on good note, MRVC being the best watchlist stock called and FDO on pre-earnings. Kay called a bottom on the BusinessWeek play, ZDZ at 16.75, it closed strong at 18.13. Results will be posted on our Weekly Review page, which is open for all to read. The trading room is often way too quiet! We could certainly use more traders chatting in there.

Sam
Savvy-Trader.com
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