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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: Bob V who wrote (753)12/4/2004 6:53:09 PM
From: chowder  Read Replies (1) of 13449
 
>>> Any second thoughts about your NT LU switch. <<<

Not yet Bob. Since my time frame is to hold this position for more than a year, what's happening now is of no importance.

Fundamentals are of no importance in swing trading, they are for long term holders. I think Cramer is right on this one. NT's financials are still in question and I wasn't comfortable holding a long term position until they release their financials. Each time a delay has come out, the stock has given up all of its gains and more.

I did benefit in the short term from NT. It was one of my better performers. Long term objectives carry different priorities.

dabum
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