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Strategies & Market Trends : Intraday Updates, Analysis & Strategies for Daytraders

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To: ColtonGang who wrote (288)3/15/2001 12:00:25 AM
From: Jenna  Read Replies (1) of 589
 
Gosh, that would be great timing. We've all been for the most part exiting postions and holding just some puts. CMVT pushing that and DPMI as far as I can, but I think tomorrow morning might be the day to dump puts. The market has interesting low priced stocks with potential upside. I did think we had to wait for the dow to be cut like this before something would happen. The upcoming earnings season, (as you can see today with CANI SCHL WSM BMET, HOTT, KSS, DISH FDS) is where the swing trades position trades will probably be the "safest"

I still don't believe in investing in equities and as always, the position trade (I can't even determine any longter the widest time frame, probably a few weeks is the most I'd hold) companies. The Earnings Plays diversified with an occasional "DIGL-like" company in order to MAXIMIZE profit from drastic cuts in prices. We will all need to be cautious and EXAMINE our portfolio even if its swing trade or position portfolio.
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