Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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

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To: AnnieO who wrote (92358)	4/7/2000 7:09:00 PM
From: Jenna	Read Replies (3) of 120523

ADBE is always a great stock.. just checked out some of my e-mail from this morning: "short ZICA at the open, Short KREM at the open and short AFFX at the open". I looked at all of them. KREM was a no brainer, I got in with 'no brains' and got out.. it was up too much, I didn't get any IPO's today I didn't even know what they were. ZICA moved up nearly 40% opened at 15 13/16 and went to 17 1/2.. If I had shorted at 16 would I still be short now, probably but why not short at 17 or 17 1/2 in the first place? NOW ZICA looks like a short, not this morning. AFFX, okay it went down but bounced up like a spalding ball. Should I have covered, shorted till the death, held the short through the recuperation??? At this point AFFX looks to be pretty well off days lows. KREM being up a lot this morning, was I supposed to put a stop loss on the short or just hold short through a gain of 38 to 44? I like shorting also but are there rules like stop losses? I remember PHCM and I'm wondering if they are stll out there somewhere holding their 'shorts' and waiting, actually insisting that this dynamic stock would crash.

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