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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades

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To: ED_L who wrote (866)6/10/2001 10:47:32 PM
From: Jenna  Read Replies (1) of 1227
 
ROIL some in our trading room picked up ROIL, I am following CAM. Our choice for upside is still the pharmaceutical, e-commerce and maybe the energy sector for a safe haven against the wounded and sick tech stocks. marketgems.com in case the oil service/energy sector decides to turn around. Many of our plays are SWING TRADES but the large cap tech stocks are SOLELY daytrades, save for a few companies (RFMD, ANAD, AMTL) which are an attempt to TRY to hold small positions for possible long term hold (3 to 9 months) in the volatile and overbought tech sector. Cash is still KING.

For our swing trades, once the target price is reached, we look to hold until the next price target is reached, usually the holds are 2 to 6 days.
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