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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: hotlinktuna who wrote (2458)2/7/2002 11:15:09 AM
From: Dave Gore  Read Replies (1) of 16631
 
Tuna/All: Already made 2.75 points in SYMC and another 1.5 in TYC in last half hour. Fun stuff last couple days. It's all psychology and taking advantage.

SYMC was downgraded with a SELL rating from some firm I've never heard of, for a ridiculous reason, and with the stock approaching $30 (a major whole number support) I dove in and went for it with a tight stop below $30 just in case.

It's playing the odds and recognizing when they are in your favor. That's the whole game in this market. T/A is often useless when the market is this volatile and prone to games.
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