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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: BoNg-N-BoNg who wrote (7865)4/17/1998 8:46:00 PM
From: AlienTech  Read Replies (1) of 120523
 
>>SEEK... anyone daytrading this one today? I just had the most fearful roller coaster ride today (since ASND and APM) and sold it at my cost basis of 39 5/8...oh well, no gain, no loss, no PAIN... =(
lets hear ya'll story!!<<

Actually even 'I' aint stupid enough to do anything in it so you know no one else did :)But I did have a limit buy @ 35 1/8, Figured the shorts will start covering their positions. Even if it goes down to 30 it will rebound as long as the FUD's think its good. Its a traders game not for us small folks with aversion to bloodshed. Once the shares available to short runs out it will be much harder. Look at AMZN, some selling but not the indiscriminate shorting that was taking place using Datek, Datek is an MM and does not need to follow the UPTick rule. I cant see that, this many Datek customers had shares since most of the trades took place between Datek itself, Actually Schwab was in it too but not as much, Guess they dont do have to follow the Uptick rule so only can sell or buy.
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