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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jenna who wrote (98393)	5/19/2000 10:51:00 AM
From: Jenna	Read Replies (3) of 120523

Out NTAP this morning this was a 13 point trade and I'm very optimistic of how earnings plays are reacting AFTER the artificial first day. Optimism for "anticipatory upswing' and getting in a good 10-20% is very possible in a swing trade or even daytrade. That shows you that earnings plays will be up in the long haul. Although my thinking is that if the stock moves up 25% I would take my profit and STILL consider myself an "investor" because I'll be back in a few days after the 'stair step down' and reenter. I currently have NO position in NTAP but I know I will probably by today, or next week. You have to take risks because by not holding a short overnight you risk not getting an uptick on a day like today. Shorting ELON and TLGD turned out fine but I would not load up on shorts or longs. Just for a steady diet of 5 points a day long or short profit is enough. More than that is gravy. TLGD and ELON shorts doing well, Stocks are predictably down soundly even SCMR which is why I wanted to sell it yesterday. Good stocks, bad stocks, no safe stocks either. Only shorting and very selective intraday trades will get you through this.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next