Market Gems-Trading Strong Earnings Growth and Momentum Message Board

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

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To: Christopher Loe who wrote (1457)	1/11/2001 3:08:33 PM
From: Dave Gore	Read Replies (1) of 6445

Chris, thanks for the compliment. I play the odds and the odds are always a moving target. I continually ask myself where is the best reward to risk. Obviously FDRY is less attractive now and I think there are better options. Why fall in love when there are thousands of stocks out there to choose from? That said, I imagine a lot of people are waiting to see if FDRY can close above 16, which it hasn't done in awhile. Overall, I am waiting to see if the rally continues or if the NAZ at least closes above 2616, which is its highest previous close this year and in the last 3 weeks or so. If it does that, then I want to see it climb again tomorrow before with conviction. Odds are now it needs to pause, so for me it's not time to get too excited. I am also wathcing the SOX, BTK, VIX, etc. I bought heavier last week when things were down. Remember buy low, sell high, be patient.

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