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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: Frederick Langford who wrote (480)1/3/2001 8:07:42 PM
From: Jenna  Read Replies (1) of 6445
 
Fred.. very good. But its hard to imagine shorters would just leave positions when the nasdaq was showing strong signs of improvement after the second reversal period. Not only that do traders just leave positions without stops or if holding a number of puts without thoroughly charting and tracking the 'underlying stock'? Maybe then today will be a lesson to the shorts as it was for the longs (the entire last 3 months) that taking profits when they come and trimming off excess fat should be part of everyone's INVESTMENT and Trading strategy.
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