SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Scrumpy who wrote (55257)8/10/1999 5:00:00 PM
From: Jenna  Read Replies (2) of 120523
 
Careful though.. its rare to be in puts and shorts in the same company (i.e. AMZN, EXDS etc) and have BOTH move up/down over 5 in one day. One thing I do notice is that the ones that hold out the best move the quickest at a rally. I should have entered CACS, PHCM when they were only over 1/2 point.. You also have to distinguish between oversold /overvalued (like the nets) and the Overbought/overvalued but with high EPS like the QLGC, LGTO and QCOM. Then you have to factor in more economic data coming in.. but it tend to a agree with misfiled in that even another rate hike is already factored in and when it comes it will bring about a longer rally, although I might trade a bit more during the day on a particularly rally/down day, (the GNET was a bad move) but it also led me to cast a sharper eye on the net sector, I was just about to sell the EXDS puts when the stock was down over 5 and yet all I got was 1 1/4 point, that resulted from the GNET, and then I just bought my favorite rally stocks "PHCM, YHOO, EXDS, but I couldn't get to EXDS it was too late by then also.

I get out almost instantly not waiting even 3% when I don't like the way a trade is going.. like GNET puts I just know when I made a bad call within minutes, I'd rather misjudge a bad move that ends up going up without me than being stuck in that goes down 4-5 points. I won't hold a mass of stocks overnight. That's where I draw the line.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext