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

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To: Jenna who wrote (3690)2/2/2001 3:15:30 PM
From: Jenna  Read Replies (3) of 6445
 
SDLI what a great day and week..---> EMBT <---- lONG ALXN, FNSR, still in SEPR, BRCD, SDLI ---> SHORT. the only error was in covering VRSN at 70 1/8 ALXN was good for another 10 totalling 31 points gain in 4 days. (all called and said to hold the short) Last night as well. Shorts were fantastic today, I'm not sure we could have gotten beefier ones as we had the heaviest hitters short in both the tech sector and biotech sector for multiple days. (SEPR the newest)

Of course we still have our longs, and we are not going to be cheated out of good gains in swing trades on the long side we want the BEST OF BOTH WORLDS. PKSI and CPKI, IMNY, EMBT.. Still holding DIGL,
ADTK dumped today after an entry at 20 and sell at 24 3/8. EMBT not foolish to hold through earings but piced up after (although I was foolish to hold MTSN and still need 14 13/16 just to break even, it was a very strong day for shorts and select long positions. After 3 great days of biotech shorts, SEPR is the only short biotech I still have but will dump into the close.

We play it like a fiddle. WE GO LONG and WE GO SHORT, and WE HOLD POSITION AND SWING TRADES WHEN THE CHARTS and FUNDAMENTALS dictate.. Gemmers, we will do fine, we will get the best of both worlds.. and continut to do so as best we can.. We are CHAMELEONS and go in the direction of the trend, long or short, we don't care, swing or daytrade we don't care as long as there is profit to squeeze out, we aspire to get it. All shorts (except VRSN) were held until the last possible moment up to 4 days. All longs were held much of the week until today when we were stopped out on trailing stops.. still long ARXX, DIGL also.
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