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: cowboyfan who wrote (113623)	9/9/2000 6:06:53 PM
From: Susan G	Read Replies (2) of 120523

You sure you guys were in the right room??? After the fact? Huh? You have to act fast when a stock moves or wait for a pullback. Stocks to "watch" are posted as just that - with comments such as "Keep an eye on this one if the market turns" or suggestions to put in a buy stop at a certain price above where it is currently trading. Discouraged posters? Hmmmm.. I'm there all day long, every day and reread the transcripts every night, and the only discouraging posts I've ever seen were from people who didn't take their own profits in a timely manner or got hit with a sell off overnight or without stops. Or didn't really understand short term trading. No trader should act only on the posted triggers just because they are posted - you have to go your own way, passing by stocks that have moved too quickly already or are trading in a way that doesn't feel right for you. Most of the stocks we trade are called early in the morning as possibilities - It is our own responsibility to monitor and time our entries if we are interested. And many of us trade our own picks - some days trading none of the watchlist picks - posting them to others as suggestions, and updating on their progress, volume or breakout points. Input and picks from all traders is VERY important IMO as it keeps the room dynamic and fresh. I know I speak for many other traders in the room when I say, I've never traded better! Or learned more in a short period of time. But the room is definitely not for totally inexperienced traders, you need to at least have some experience in trading or you will make the same mistakes in the room as you will on your own. Susan

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