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

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To: LastShadow who wrote (7903)4/18/1998 7:54:00 AM
From: Dave Shares  Read Replies (2) of 120523
 
Last Shadow,

Your advice on position trading has been invaluable. I set up a position trading account on April 7th, using some of your tickers, and some others, and have been fortunate to have profited by 12% in 8 trading days. I now find myself totally in cash because of stops being filled, or profits being taken.

I am still holding OSIP, which I bought on the basis of a fund buy. You had advised me to set a stop at 11, but it is trading at 6 3/16, so we got our tickers mixed up. If you can advise a stop on this one, I'd be thankful

I look forward to your entries for next week, as cash presents new opportunities. I have never entered BOST, CPU or IPIC (thought it was due for a correction at 13 when I first considered it, oh well), and had previously taken profits on PNF and stopped out of COTTF. I guess I am asking if there is anything in the current portfolio that you would NOT recommend for entry.

I'll be looking for tickers that may be good candidates, and as always, your feedback will be appreciated.

Have a great weekend.

David
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