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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: jam2000 who wrote (91138)3/31/2000 7:13:00 PM
From: croonerjim  Read Replies (5) of 120523
 
Frustrated? Well, these markets will do that, but I cannot imagine how blind and frustrated I would be without Jenna, the watch lists, the earnings plays and all of the Gemmers who post here. This is not a hand-holding place. Jenna's lists highlight those stocks likely to move 5-10% soon. Heck I don't have time to hunt for those candidates--her service is such a bargain for that ALONE! If you can read charts, you can set buy stops or watch for the breakout or wait for her calls (or those of other Gemmers) But the key is to either take your profit or use trailing stop losses to avoid an up and down like CREE. No matter how great a company CREE may be, any stock that moves from 107 to 130 is going to ahve profit taking. A 5% move down from the intraday high and I am out. I suspect we will all be back in on Monday, but the charts (and calls will tell).I know that it sounds like everyone here is making a fortune (and some prob are), but I suspect most are like me--cannot trade full time (although it seems like I am some days), I take a lot of little (2-5%) losses, a lot of 5-10% gains and an occasional big gain (25-50%)--but NEVER a big loss. Result is an excelent return on my money (60% so far this year--which many Gemmers will prob think is terrible!!) and a LOT of fun. Hope you have more fun and profit from your trading and that maybe I helped a bit. Jim
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