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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade
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To: Pullin-GS who wrote (518)2/18/1998 9:21:00 AM
From: Marlin C. Harmon  Read Replies (1) of 2120
 
Paul,

Enjoyed reading your "Sell on Newsletter Hype Play" post and I could almost hear every reader tell their computer monitor or a fellow worker sitting to the side of them, "This post is describing exactly the action of the stock XYZ that I bought sometime in the last two years" and either "I am so glad to be rid of that dog" or "I still have that dog in my portfolio hoping that it will rebound and reach the projected target the author of the email newsletter said it would." Usually, part time traders like most of us are not able to get in before the first hype peak and be nimble enough to get out before the sell off. Your suggestion to wait and short if the stock is shortable is right on. Good insight.

Regards,

Marlin
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