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

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To: ColtonGang who wrote (403)3/16/2001 10:12:03 AM
From: Dave Gore  Read Replies (1) of 589
 
Yes, it does, but so is the whole Market. I got out (temporarily) at the second failed runup to 54-1/4 and took a 1 point loss. I got out of ORCL at 14-1/2, a 3/16 point loss from my purchase. I consider myself lucky really, but not sorry I took the gamble after hours yesterday. I lost but I believed the odds were worth it. Even with a very weak Market I only lost $270. I figured I would have made $800+ if it worked out like it could have.

Market could be a great day on both the short and long side. Regardless it will be a fun one to watch. VRTS and CHKP, JNPR and CIEN all ones to watch - they have wide ranges and always overdo it on the high and low sides on rallies and tanks. CHKP was a spectacular short!
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