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: Jenna who wrote (118868)	12/13/2000 11:08:48 AM
From: Jenna	Read Replies (1) of 120523

<11:00 update> We have more short positions here #6 today's watch list as it took out all support by the 10:35. WE put in a buy stop in #8 but it didn't trigger long but rather short, much like ELNT did yesterday... We tried 2 buy stops just didn't make it. And now we have a half dozen short plays that are tanking.. 2 lessons to learn today: Sit on your hands until 9:50 no matter what happens... By 9:35-9:45 there were many pullbacks by 9:50-9:55 if the stocks are NOT at the high established up to the point.. and you are still adament than put in a buy stop at the high and they won't take it out so you are not missing anything. You can't chase losers. By 9:50 -10:00 it we had a bunch of shorts which accelerated into the 10:25-10:35 reversal period.

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