SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jenna who wrote (119218)12/15/2000 12:12:18 PM
From: Jenna  Read Replies (6) of 120523
 
<more BIG MOMMA'S -----> We called the AVNX, SEBL, EXFO, NTAP and SDLI puts/or short this morning in the first reversal period. (we had them in advance, they just triggered, short on PWAV triggered also) I had the MUSE call options but they rallied and fizzled. WE added ONIS puts.
Then we had a trigger long on AMCC, NUAN,PMCS, MUSE, TLGD,BEAS, FCEL.. buy stops on TIBX and CORV and NUFO did not trigger. Then we added more short: RBAK.. I'm amazed those few managed to get up at all. Closed puts in TIBX, RIMM. There were a lot short triggers (12) you could pick and choose. This not a market to hold longs more than just daytrade scalp. I am trying to hold PMCS and AMCC call options. Today is the third day this week that AMCC triggered long through this mess.

They say hold 'for the next 2 months' I can't watch a stock get trimmed by 25% in 2 days just to hold for 2 months and maybe get 10% back. The capital is not working for you when you do that. I wouldn't touch a stock here, just an option. I'd rather short a stock and get instant gratification as a swing short and get 45% in 2-4 days. We stayed 90% short the entire week and I don't think 6 months of long trades will give us that much upside.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext