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Strategies & Market Trends : 50% Gains Investing

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To: jgideon who wrote (572)2/26/1998 1:47:00 PM
From: Dale BakerRead Replies (1) of 118717
 
Not sure right now. Playing momentum stocks is a weird game. I stopped out of THQI to protect a profit this morning, then it takes off running again while I am out serving my country at a diplomatic reception. With SYNT, I would wait to see it form a clear base before getting in again. The short-term momentum crowd has left. Remains to be seen if there is a long-term core of faithful who will hold it up.

I would also check InsiderTrader and see if the owners have filed to sell any more. I couldn't blame them for selling into the strength and cashing out now for part of their shares.

EIDSY was a flop though I don't know why yet. What looks good for a new play?
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