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

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To: Susan G who wrote (65183)10/7/1999 4:59:00 PM
From: Jenna  Read Replies (2) of 120523
 
DISH I missed when you got it but got it now for for 2 days.. the thing is that there are a few dozen socks (i.e. EMLX, DCLK, ADRX, MNMD, HlIT and that group) that when they recover from a small or medium correction will give 5-10 points immediately, so I don't freeze when I pull the sell trigger. But when you short, its much harder, you like to lock in a 4-5 point profit but you just know that the stock will tank more. I'm getting used to accepting a small loss for a larger gain down the road, but just a small one never 15 points or anything like that. (i.e. 5-6 points in PHCM to get the 15-20 is worth it and I don't always lose the 5-6, just in the short part of it so far twice, going long is easier for me.)..
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