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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: yard_man who wrote (141582)1/3/2002 10:08:40 PM
From: sun-tzu  Read Replies (4) of 436258
 
but to go long hoping to capture the last 5 - 10%? -- that I don't understand

tip, the naz was up over 3% today and the sox 8%. i exited RFMD with a 10% gain and left TQNT with over 20% profit on the trade. now that style may not be for you, but to say you don't understand isn't justified.

i'd rather book 10-20% of profits and reasses than hold a short through that move. if you want me to call a 'daq target of 2500-3000 you can forget it. by the same token, i am not calling a top either.
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