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Strategies & Market Trends : NetCurrents NTCS

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To: Teresa Lo who wrote (4007)11/8/2000 5:36:25 PM
From: Rashid Garuba  Read Replies (1) of 8925
 
Teresa,

Nice thread you have here... Resisting the temptation to trade the furious (temporary) move against a trend one of the hallmarks of a disciplined trader. These counter moves often panicky as most are shocked when it happens..

I am actually considering catching the PMCS knife tomorrow anywhere close to the 105 area... my reasons? .. can't resist a stock that has shown it can squeeze to the tune of 30 points in a single day..

Oh.. also great company and $110 April low.. there is a place for buying lows and shorting highs, right?

The funny thing is I have great scans that isolate long and short lists everyday.. guess I sometimes flip the lists as stocks have an eerie ability to know when Rashid is on board and change trend immediately..

Rashid
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