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

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To: croonerjim who wrote (82177)2/8/2000 2:46:00 PM
From: Jenna  Read Replies (1) of 120523
 
All logic tells me to hold, but I would still rather get the February 67 1/2 calls which nearly doubled today from about 2 3/4 in the morning to 5. Its a matter of how risk tolerant you are. It reminds me of a statement or word taken out of context from the Wall Street Journal. Although they usually quote me just fine this time they happen to be writing an article about a certain popular stock trader who runs a chat room. They asked me if I buy everything I 'call' and I said.. I can't buy all of it, I buy it sometimes depending on how many 'hit'.. so they quoted me as saying: "She "sometimes" calls the signals (i.e. whenever she feels like it as if to imply I don't mind if people lose money or not as long as I was happy) just to juice up their one-sided article and lumping a few of us into a 'stereotype'.

So what I say is that stock #5 did trigger a buy signal and I will be holding the calls through earnings but it is still a risk to hold an expensive stock through earnings, and yes, Mr. Wall Street Journal I do happen to care if my traders lose money.. It just happens they don't when they follow reasonable guidelines.
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