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Strategies & Market Trends : Your Worst Trading Enemy.. You

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To: Northspoon who wrote (210)2/6/2001 7:50:38 PM
From: RobQ  Read Replies (2) of 223
 
Brings up a good point about staying in or getting out of a position around earnings. Our hearts or our heads may see it one way or another but since TA is predicated on "no news" isn't it unwise for you trader types to be either long or short at earnings time? I recently got out of a large position just before earnings were released (and I'm a relatively long term investor) because earnings and the market's response to them have been so unpredictable......but I ended up missing a big gain. Did I miss a way to "hedge my bets" on my long term holding without dumping the shares? Anyone have any experience to share?
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