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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Ron McKinnon who wrote (22114)2/13/2000 2:51:00 PM
From: Kelvin Taylor  Read Replies (1) of 53068
 
Ron you're right about many ways to make money. Many stocks surge on no news just "the rising tide lifts all boats". speaking or shorting, look at POCI. now about $18, was 1 3/8 in nov 99. shorted this one in the 20's, covered in the mid teens and repeated the the same thing again this week. earnings were out a few weeks ago and they were the worse I've seen for this company. being following it for 3 years. going long back @ $1 and selling on the surge up. can't see why is worth 18 times the price it was 3 months ago.

of course one could make that statement about plenty of stocks as well. but the point I'm making is there are so many opps to make money long and/or short. one just has to do a little looking and SOMEHTING will pop up on the radar screen.

I'm will Sue on the tech weighting. looks like the feeling in the market overall is being out of techs and in some other area you will miss out on the "big" score. its where the action is now. I know there's going to be some down days like last year. when that happens the bargain hunters have come out in force. Will that change? don't think so, but I if I'm wrong it would not be the first and certainly not the last :o)

I'm protecting my current postions with stops and look for "bargains" each and every day.

Kelvin
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