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: croonerjim who wrote (97289)	5/11/2000 4:13:00 PM
From: Jenna	Read Replies (3) of 120523

You have to risk. I'm usually stopped out of 20-25% of my daily trades in the last 7 weeks but so what. The winners run like crazy. Monday, Tuesday and Wednesday the shorts ran and I let the longs 'go'. I wasn't even long on Monday. Today the longs ran and I let my shorts go after a stop hit. I actually got out before the stop on HWP. I saw it was a bad call. HWP earnings will not 'prevail' but the stock was pulled up on momentum. You can't know exactly when to short or go long exactly every time. Usually I begin the day with the prevailing trend (today it was long) yesterday it was short. Then about 1 hour into the day I might add a short/long (contrary to the trend) just in case. Usually they are meticulously prepared for stocks, but when they move the wrong way I get out. I spend about 2 to 3 hours a night sometimes just preparing for the next day. As for buying on 'impulse' or stories.. I would if the story was about "my" stock.

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